4min chapter

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THINKING, FAST & SLOW (DANIEL KAHNEMAN) - Listening books

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CHAPTER

The Base Rate of Blue Cabs in a City

Two versions of the problem are mathematically indistinguishable, but they are psychologically quite different. Causal stereotypes change your view of how the individual case came to be. Statistical base rates are generally underweighted and sometimes neglected altogether when specific information about the case at hand is available. The two types of base rate information are treated differently.

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