Lecture 34: Comparison Decisions, Halo Effects, and Quantifying скачать в хорошем качестве

Lecture 34: Comparison Decisions, Halo Effects, and Quantifying

When dealing with high-stakes decisions, satisficing should be replaced by careful consideration. This video discusses thinking slowly and strategically to make the best possible choice in a risky situation. By making decisions quantitatively rather than qualitatively, our biases and flawed intuition are undermined. Section 9: Utilities, Satisficing, and Pitfalls (5/5) This is the 34th of a total of 40 short videos, which are divided into 11 sections. A course to learn the basic concepts and tools to help us make better decisions under uncertainty, take calculated risks, and reduce the stress and regrets that often come with decision making. If you would like to learn more, please subscribe to this channel and read the textbook at www.probabilitycourse.com.