2min chapter

People I (Mostly) Admire cover image

27. Daniel Kahneman on Why Our Judgment is Flawed — and What to Do About It

People I (Mostly) Admire

CHAPTER

How Do You Get Rid of Noise?

Fermi was a master at breaking up problems. Phil Tetlock teaches his super forecasters to fermiize, that is to break up a problem and estimate the different parts. People don't want to detect that there is noise. That's so often typical economists decide what people should do before they actually talk to real people.

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