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The Surprising Power of Business Experiments

Skip Prichard

Daniel Kahneman. The employee was forbidden to work on the project. The behavioral economist Daniel Kahneman once noted that “if you follow your intuition, you will more often than not err by misclassifying a random event as systematic. We are too willing to reject the belief that much of what we see in life is random.”

Power 95
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Why Those Guys Won the Economics Nobels

Harvard Business Review

And that’s what these guys [the 2013 Nobel winners] did. It feels like it’s got a little bit of Kahneman and Tversky in it. Instead what he says is let’s have financial innovation that is actually helpful. Steve Ross , who was at Yale and now is at MIT, he did the basic theory.

CAPM 8