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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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How to Regain the Lost Art of Reflection

Harvard Business Review

Brain science, popularized in Daniel Kahneman’s book , has shown that this type of “slow thinking” is negatively correlated with “fast thinking,” as might be employed when driving a car or solving a simple sum. By the end of 2013, emails were reduced by 60%.

How To 13
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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. So in that framework what do is you calculate the beta of your firm or your project with two components of the market return, and one of them is the one that you really worry about.

CAPM 8