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Understanding Decision Bias

CO2

We recently surveyed all CO2 Partners clients from the past 10 years. First, Arnott reviewed some of the most prominent taxonomies: Tversky and Kahneman (1974) Three General Purpose Heuristics Slovic, Fischhoff and Lichtenstein (1977), The look at overconfidence leads to not fully considering the problem and underestimating alternatives.

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Decision Bias

CO2

We recently surveyed all CO2 Partners clients from the past 10 years. First, Arnott reviewed some of the most prominent taxonomies: Tversky and Kahneman (1974) Three General Purpose Heuristics. Decision bias speaks to the ways we’re prejudiced or unduly influenced (consciously or unconsciously) when making decisions.

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Decision Bias

CO2

We recently surveyed all CO2 Partners clients from the past 10 years. First, Arnott reviewed some of the most prominent taxonomies: Tversky and Kahneman (1974) Three General Purpose Heuristics. Decision bias speaks to the ways we’re prejudiced or unduly influenced (consciously or unconsciously) when making decisions.

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After a Blizzard, What's a Fair Price for a Shovel?

Harvard Business Review

I was surprised at the responses to my survey question. I then followed-up by asking survey-takers how they'd feel if "two guys" set up shop in a parking lot and sold shovels at a high market-clearing price. On the surface, these results don't appear to synch with those reported by Daniel Kahneman, Jack L.

Price 9
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Income Inequality Makes Whole Countries Less Happy

Harvard Business Review

A 2010 paper by psychologist Daniel Kahneman and economist Angus Deaton, both Nobel laureates, calculated that day-to-day happiness peaks at an income of $75,000 a year, after which it plateaus. (At This research builds on some earlier, seminal research on how much money we need to make us happy. was $49,777, and the mean was $67,976.)

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5 Ways to Project Confidence in Front of an Audience

Harvard Business Review

In his book, Thinking, Fast and Slow , Nobel prize-winning psychologist Daniel Kahneman writes, “If you care about being thought credible and intelligent, do not use complex language where simpler language will do.” Long, convoluted sentences and jargon don’t make you sound smart at all — just the opposite.

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How to Influence People with Your Ideas

Harvard Business Review

Conduct a survey? She would certainly need to do plenty of blogging, tweeting, surveying, speaking — the works. Daniel Kahneman offers a complex theory of thinking but also gives practical guidance on how to make better decisions — as a result his latest book has received a great deal of attention. Write a book?