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How to Minimize Your Biases When Making Decisions

Harvard Business Review

First-hand experience and best sellers like Daniel Kahneman's Thinking, Fast and Slow have confirmed an even broader range of behavioral vulnerabilities and vagaries in our abilities to make decisions as human beings. Develop systemic review processes that leave you a committed "out" possibility when trying to "cut the losses".

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How Could I Miss That? Jamie Dimon on the Hot Seat

Harvard Business Review

Many recent crises cannot be explained by the misuse of information, as has been so well described by leading books on decision making (notably, Dan Ariely's 2008 book Predictably Irrational and Daniel Kahneman's 2011 book Thinking, Fast and Slow ). As it turns out, this type of failure is quite common.

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Instinct Can Beat Analytical Thinking

Harvard Business Review

This popular triumph of the “ heuristics and biases ” literature pioneered by psychologists Daniel Kahneman and Amos Tversky has made us aware of flaws that economics long glossed over, and led to interesting innovations in retirement planning and government policy. What’s the problem with the way that turkey approached risk management?