Noise a flaw in human judgment (Daniel Kahneman)
15.00 $
By Daniel Kahneman, Olivier Sibony and Cass R. Sunstein Two doctors in the same city give different diagnoses to identical patients. Two judges in the same courthouse hand down markedly different sentences for the same crime.
| ISBN | 9780316451406 |
|---|---|
| Language | English |
Description
By Daniel Kahneman, Olivier Sibony and Cass R. Sunstein
Two doctors in the same city give different diagnoses to identical patients. Two judges in the same courthouse hand down markedly different sentences for the same crime. The same insurance claim is priced differently depending on who happens to open the file.
That variability is noise, and unlike bias it has no direction, which is why organisations rarely notice it and almost never measure it. The book shows how to audit for it and what actually reduces it.
First published 2021
