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59: Ergodicity and Decision-making with Luca Dellanna

The Knowledge with David Elikwu

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The Effect of Time Constraints on Decision Making

I think that in general, the principle is to judge a decision based on the information available at the time of the decision. But if it's only bad luck then you should probably keep giving the ball to yourself rather than give it to someone who may be performing worse because he or she is facing some tactical challenge today. And so I guess the underlying question is, was that a good decision or not? In Annie Dukes book, or in her opinion, what she was saying is that actually this was the good decision."

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