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189. Daniel Kahneman — Noise: A Flaw in Human Judgment

The Michael Shermer Show

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How to Control for the Noise in Governments

If you had taken some kind of average of the procedures and everybody had applied the average, chances are it would have been more accurate and better for most countries than what they chose individually. That variability in the solutions of different countries reached for essentially the same problem is noise. I find that frustrating, but it's mostly just because of the complexity of the system, and and also the unknownness of it. And to a significant extent, it was just noisy, yes, and so much uncertainty.

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