The Power of the Outside View

This chapter discusses the concept of the 'outside view' and how it can help combat biases such as optimism and overconfidence in decision-making. The speaker provides examples of how the outside view has been applied in various contexts, such as transportation projects in the UK and navigation in the Iraq War. The chapter concludes with a reflection on the misconception of the 'outside view' and the importance of having a disinterested party to challenge the inside view.