Your Judgment of Risk Is Compromised
Harvard Business Review
JUNE 21, 2012
Betting on horses with odds between 4/1 and 9/1 has an approximately constant rate of return (at minus 18%), which implies that bettors are quite good at distinguishing between probabilities over this range. Embracing Risk in Career Decisions. MORE ON MANAGING RISKY BEHAVIORS. A Beekeeper's Perspective on Risk.
Let's personalize your content