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EP112 Annie Duke on Bets & Better Decisions

The Jim Rutt Show

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Misinterpreting Luck and Probability in Decision-Making

This chapter explores how individuals often misinterpret luck and probability in decision-making, as shown through a scenario where bets were placed based on someone's coin flipping ability. It also analyzes Pete Carroll's controversial play call in Super Bowl 49, highlighting the complexities of human reasoning when assessing the influence of luck and skill on outcomes.

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