Remove Career Remove Document Remove Rate of Return Remove Tversky
article thumbnail

Your Judgment of Risk Is Compromised

Harvard Business Review

Indeed, it is probably the most discussed empirical regularity in sports gambling markets, and the literature documenting it now runs to well over a hundred scientific papers. Daniel Kahneman and Amos Tversky provide perhaps the best theoretical framework in which to understand the phenomenon. Embracing Risk in Career Decisions.

Tversky 11