Daniel Kahneman on Behavioral Economics (Podcast)
Masters in Business
00:00
Decoding Decision-Making Noise
This chapter explores how noise impacts group decision-making, illustrating the benefits of independent judgments over influenced ones. It discusses the pitfalls of overconfidence in professional judgments, particularly in scenarios with limited feedback, and the importance of learning from near misses. Additionally, it reflects on the collaborative writing process of the authors, highlighting how technology has improved their efficiency in crafting their work.
Transcript
Play full episode
