Expertise evaluation is complex, especially in fields where judgments are unverifiable such as long-term forecasts. In such cases, respect experts emerge, being revered for qualities like self-confidence and eloquence, rather than performance quality. This highlights the distinction between respected individuals and those with proven performance. Fields like chess, weather forecasting, and investing provide objective benchmarks for assessing expertise, where accuracy over time determines the distinction between excellent and poor professionals.
This episode is part two of our live event with Psychologist Daniel Kahneman and Olivier Sibony, Professor of Strategy and Business Policy at HEC Paris. In conversation with host Ritula Shah they present their argument of how we can all make more intelligent decisions in an increasingly chaotic world.
Part three of this event is available ad free, for subscribers now.
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