Posts tagged as:

Tversky

The subtleties of randomness

July 7, 2009

The WSJ has printed one of the best "fooled by randomness" pieces I've seen in quite a while, titled "The Triumph of the Random." This one uses streaks in sports as a central metaphor, with DiMaggio's 56-game hitting streak as exhibit A. It presents an immediate disclaimer: Recent academic studies have questioned whether DiMaggio’s streak […]

1 comment Read the whole post →

Cars burn at this spot

April 25, 2009

The research of Nobel prize winning professors Kahneman and Tversky is among my favorites, and Haaretz has published an article littered with excellent anecdotes tying their findings back to familiar situations. I particularly enjoyed this one, regarding the security we find in perceived aid, even if the aid itself is worthless: It concerns a group of […]

0 comments Read the whole post →