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Archive for October, 2011

Bias, Blindness and How We Truly Think (I) Optimistic Bias Bloomberg OP-EDS, by Daniel Kahneman Most of us view the world as more benign than it really is, our own attributes as more favorable than they truly are, and the goals we adopt as more achievable than they are likely to be. We also tend [...]

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Don’t Blink! The Hazards of Confidence NYT, by Daniel Kahneman, October 19, 2011 WYSIATI = “What you see is all there is”. We had made up a story from the little we knew but had no way to allow for what we did not know about the individual’s future, which was almost everything that would [...]

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