
The Book Club: Daniel Kahneman and Olivier Sibony
Best of the Spectator
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Dos Noise in Economics Come In?
Noise in economics is the idea that, for example, head fund managers and so on are noisy. There is a lot of noise in the way your annalysts are making those evaluations. A lot of investment firms are trying to introduce procedures to make their investment decisions less noisy. And are they? Are they working? No. We we think, marquette is, we are not actually serving that market, so we wouldn't know.
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