The Decision Education Podcast

Episode 022: Deciding, Fast and Slow with Dr. Daniel Kahneman

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Dec 20, 2023
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ANECDOTE

Structured Interviews in the Israeli Army

  • In 1955, Kahneman designed a structured interview for the Israeli army, challenging the prevailing reliance on intuition.
  • This involved rating six attributes, followed by an intuitive judgment, proving more effective than unstructured interviews.
ADVICE

Decompose and Delay Intuition

  • Break down complex decisions into smaller parts and evaluate each independently.
  • Delay intuitive judgment until after assessing individual components for better decision-making.
INSIGHT

The Difficulty of Probability Judgments

  • Probability judgments are inherently difficult due to their abstract nature.
  • Instead of probabilities, use intensity scales for qualities to make more reliable comparisons.
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