THINKING, FAST & SLOW (DANIEL KAHNEMAN) - Listening books
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The Sins of Representativeness
The representativeness heuristic is involved when someone says, she will win the election. Michael Lewis's best selling moneyball is a story about the inefficiency of this mode of prediction. A professional athlete who is very tall and thin is much more likely to play basketball than football. People with a PhD are more likely to subscribe to the New York Times than people who ended their education after high school.
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