
Risk, Bias and Decision Making: Defying the odds
Riskgaming
The Effect of Optimis in a Group
There is a very big difference between the group and the individual. As an individual, it's a negligible effect. Effect of optimis in a group, it a very big if, right? Because you get to basically replicate e if it's getting you that extra one % or even fift i's getting you 50 bips or 25 bips or two bips. But that's reverberating across and compounding. Soon, visualizing something, when you gave the example of the person jumping across the crevasse, let's say that they could jump seven feet, but, you know, it was seven feet on average. Sometimes it might be six. You might do six,
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