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Topic: Why Kahneman Is Wrong
Replies: 4   Last Post: Jul 1, 2012 11:24 PM

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Bret Cahill

Posts: 243
Registered: 9/18/09
Why Kahneman Is Wrong
Posted: Jun 12, 2012 7:18 PM
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http://www.newyorker.com/online/blogs/frontal-cortex/2012/06/daniel-kahneman-bias-studies.html

If you take the shortcut and skip the math on the bat/ball problem you
are only off by about 5 % on the bat. Time is money. The time you
saved is worth more than 5 cents.

Of course, if you screwed up on the geometric lilly pad problem you
really _did_ make a mistake.


Bret Cahill





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