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Daniel Kahneman on Cutting Through the Noise

Conversations with Tyler

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The Balesian Sunk Cost

There is so much noise in essay grading that it's quite easy to imagine a programme that would look at various indicies. So we es professors won't need to great ams any more. You consider people working in psychology, or maybe economics, or just social sciences. Do you think people persist with their professional and research projects too long or not long enough? Where's the bias? My guess is too long. But, you know, it's a personal bias because of some costs,. Because of some cost and i think some cost is really the enemy.

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