The Michael Shermer Show with Daniel Kahneman – Noise: A Flaw in Human Judgment
DESCRIPTION
Imagine that two doctors in the same city give
different diagnoses to identical patients. Now
imagine that the same doctor making a different
decision depending on whether it is morning or
afternoon, or Monday rather than Wednesday.
This is an example of noise: variability in
judgments that should be identical.
Shermer speaks with Nobel Prize winning
psychologist and economist Daniel Kahneman
about the detrimental effects of noise and what
we can do to reduce both noise and bias, and
make better decisions in: medicine, law, economic
forecasting, forensic science, bail, child
protection, strategy, performance reviews, and
personnel selection.
Video clip – 3 minutes
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Full video at https://youtu.be/5CFjERpwFys