Instinct Can Beat Analytical Thinking
Harvard Business Review
JUNE 20, 2014
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. Mervyn said start with no leverage ratio above 10 to one.
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