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Noise

a flaw in human judgment
Author: Search for this author Kahneman, Daniel, 1934- (author); Sibony, Olivier, 1967- (author); Sunstein, Cass R., 1954- (author)
Statement of Responsibility: Daniel Kahneman, Olivier Sibony, Cass R. Sunstein
Year: [2021]
Publisher: London, William Collins
Media group: Book/Buch
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Barcode: 01153811 Locations: 9 KAH Status: available

Content

From the world-leaders in strategic thinking and the multi-million copy bestselling authors of Thinking Fast and Slow and Nudge, the next big book to change the way you think. Imagine that two doctors in the same city give different diagnoses to identical patients - or that two judges in the same court give different sentences to people who have committed matching crimes. Now imagine that the same doctor and the same judge make different decisions depending on whether it is morning or afternoon, or Monday rather than Wednesday, or they haven't yet had lunch. These are examples of noise: variability in judgements that should be identical.In Noise, Daniel Kahneman, Olivier Sibony and Cass R. Sunstein show how noise produces errors in many fields, including in medicine, law, public health, economic forecasting, forensic science, child protection, creative strategy, performance review and hiring. And although noise can be found wherever people are making judgements and decisions, individuals and organizations alike commonly ignore its impact, at great cost.Packed with new ideas, and drawing on the same kind of sharp analysis and breadth of case study that made Thinking, Fast and Slow and Nudge international bestsellers, Noise explains how and why humans are so susceptible to noise and bias in decision-making. We all make bad judgements more than we think. With a few simple remedies, this groundbreaking book explores what we can do to make better ones.

Details

Statement of Responsibility: Daniel Kahneman, Olivier Sibony, Cass R. Sunstein
Year: [2021]
Publisher: London, William Collins
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Classification: Search for this systematic 9
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ISBN: 978-0-00-853444-8
ISBN (2nd): 978-0-00-830903-9
Description: xi, 452 Seiten, Illustrationen
Tags: Cognition, Decision Theory, Decision Under Uncertainty, Bias, Noise Trading, Behavioral Economics, Decision Making, Kognition, Entscheidungstheorie, Entscheidung unter Unsicherheit, Systematischer Fehler, Uncertainty, Unsicherheit, Verhaltensökonomik, Wirtschaftliches Verhalten, Entscheidung, Entscheidungsfindung, Decision
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Language: eng
Media group: Book/Buch