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Ep143 - Leonard Mlodinow | The Drunkard's Walk: How Randomness Rules Our Lives

Talks at Google

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How Can We Control Our Environment?

People have a feeling that they can control, or be in control, of these coin flips. The second illusion i t mentione is called the expectation bias. And since i like to drink a little wine now and then, i'm picked some wine studies to talk about. One study was done at calte concerned a number of students. They were tasting wines which were labelled by price. Unbeknown to them, a a couple of the wines were identical and just labeled with a different price. For instance, one one pair of winesas appeared in the line up, labelled a 90 dollars in one case and ten dollars in the other. And it actually was he 90 dollar bottle. Well

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