Is the Business World Adjusting for Noise Right Now?

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depardan concer: There is one that we know that improves the quality of judgment, and this is to delay intuition. He says it's not so much a matter of time, because you don't want people to get paralyzed by analysis. It's more a matter of planning how you're going to make the decision and making it in stages,. And not acting without intuitive certainty that you are doing the right thing.

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You might be surprised by what occupies Daniel Kahneman’s thoughts. “You seem to think that I think of bias all the time,” he tells Tyler. “I really don’t think of bias that much.” These days, noise might be the concept most on Kahneman’s mind. A forthcoming book, coauthored with Cass Sunstein and “a brilliant Frenchman you haven’t heard of” is about how random variability affects our decision-making. And while we’ve spent a lot of time studying how bias causes error in judgment, Kahneman says, we aren’t thinking nearly enough about the problem of noise.

In November, Kahneman joined Tyler for a live conversation about bias, noise and more, including happiness, memory, the replication crisis in psychology, advice to CEOs about improving decision-making, superforecasters, the influence of Freud, working in a second language, the value of intuition, and why he can’t help you win arguments with a spouse.

Read a full transcript enhanced with helpful links.

Recorded November 12th, 2018 Other ways to connect

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