Kable and his team investigated how different regions of the frontal cortex influence decisions to persist or quit using a task designed to mimic real-world dilemmas. In the experiment, participants decided when to "cash out" coins that increased in value over time. Some coins matured quickly wh...
The religion I have to love and fear God, believe in Jesus Christ, do all the good to my neighbor, and myself that I can, do as little harm as I can help, and trust on God's mercy for the rest. — Daniel Boone 92 O my son! The dunya (world) is a deep ocean in which m...
I’ve also asked if they would hire a bona fide product owner, who doesn’t report to them, and can make decisions independently. They won’t do that either. So, I think we know what the deal is here – it’s called control – and if managers and executives are dictating the ...
Kate:A big thank you to my team and our partners for the work that they do to put this podcast together and all of the beautiful resources Lily endowment, the Duke Endowment, and Duke Divinity School. Thank you. Your support really, really does actually make everything happen at Everything...
The main reason why people display the fundamental attribution error is that it serves as a type of heuristic, which is a mental shortcut that people intuitively use in order to make judgments and decisions quickly. Specifically, the fundamental attribution error can be viewed as a heuristic, si...
Episode 243: Annie Duke - How To Make Smarter Decisions When You Don't Have All The Facts (Thinking In Bets)Annie Duke is a woman who has leveraged her expertise in the science of smart decision making to excel at pursuits as varied as championship poker
Not only is more wastewater being produced from tight oil plays, and finding its way into the environment; fracking also uses, and destroys, billions of gallons of fresh water. The amount of water used per well skyrocketed 770% in five years, according to the Duke study, while toxic wastew...
Additionally, voters cannot make informed decisions—without the ability to compare differing platforms or leadership styles, voters inevitably base their decisions on recommendations from peers and name recognition. At the end of the debate, the uncontested candidate for vice president lambasted the ...
https://parade.com/639752/m-b-roberts/poker-champion-annie-duke-reveals-how-bad-decisions-can-be-good/ https://www.newyorker.com/culture/persons-of-interest/annie-duke-will-beat-you-at-your-own-game EGB and PB bias:https://papers.ssrn.com/sol3/papers.cfm?a...
So embracing uncertainty can help us make better decisions. How do we actually go about it? Annie Duke One of the main ways to do it is by embracing quitting. And the reason is that, particularly when we’re doing things that are innovative, we’re likely to learn the most stuff after...