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Covid-19 Crisis: Annie Duke on Hedging and the Last Disaster Syndrome

Behavioral Grooves Podcast

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The Shift in Consensus

The reason why we will stay in the status quo groove is because of the uncertainty. It could turn out great, it could turn out poorly. What we're trying to do is protect ourselves against being told that we're dumb for changing our behavior if it didn't turn out well. The problem with Corona and sort of putting these things in place is that when they don't go for a variety of things usually people think you're an idiot right? And this has been happening all over the world.

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