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How Leaders Can Develop Their Skills With One Simple Habit

Tanveer Naseer

The idea of cognitive biases was introduced by Amos Tversky and Daniel Kahneman in the early 1970s. Tversky and Kahneman also showed that they could predict quite accurately when people would act irrationally, because the irrational behavior was due to measurable cognitive biases.

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What I Didn’t Know About Becoming a CEO

Harvard Business Review

Of course, I love whenever we outperform our benchmark or peer group, but the pain of underperforming is much more painful than the pleasure of winning the same amount, a phenomenon studied at length by Daniel Kahneman and Amos Tversky. That made a huge impact on me.

CEO 8
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A Case for Group Risk-Taking

Harvard Business Review

I didn’t realize that noted academics Amos Tversky and Daniel Kahneman were studying this exact phenomenon, which they officially named “ loss aversion.”. We would only buy or sell a position if everyone agreed. Once people joined a group and discussed their options, they consistently moved toward a risk-neutral position.

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The Business Lessons of the Belmont Stakes

Harvard Business Review

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. Consider that of the 30 horses in a position to win the Triple Crown in the last 130 years, only 11 have succeeded. The inside view sees mostly upside. That's about a 40% rate.

Beyer 14
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The End of Economists' Imperialism

Harvard Business Review

The field attracts the most students, enjoys the attention of policy-makers and journalists, and gains notice, both positive and negative, from other scientists.". "By almost any market test, economics is the premier social science," Stanford University economist Edward Lazear wrote just over a decade ago.

Tversky 11
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The Business Lessons of the Belmont Stakes

Harvard Business Review

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. Consider that of the 30 horses in a position to win the Triple Crown in the last 130 years, only 11 have succeeded. The inside view sees mostly upside. That's about a 40% rate.

Beyer 10
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What Your Brand Can Learn from Political Rhetoric

Harvard Business Review

And "Obamacare" certainly doesn't provide associations with any positive elements of the act. A framing label like "tax relief" puts the advocate of fair taxation or infrastructure investment in the positioning of arguing against "tax relief," an extremely disadvantageous starting point. How could they let it happen again?

Brand 12