MAKING LUCK WORK FOR YOU Decision Science News was just at the ESMT Annual Forum in Berlin where we spoke in a session with Martin Weber, Gerd Gigerenzer, Stephan Meier, Luc Wathieu and Robin Hogarth and suddenly remembered that Hogarth, along with INSEAD’s Spyros Makridakis and Anil Gaba, has a new book out called Dance […]
BANK FAILURE AND BLACK SWANS Fully aware of the Nostradamus effect and every “cognitive fallacy” under the sun, Decision Science News does have to hand it to Nassim Taleb for warning about the domino effect we’re now seeing in banking. Globalization creates interlocking fragility, while reducing volatility and giving the appearance of stability. In other […]
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DE GUSTIBUS NON EST DISPUTANDUM? This post got us thinking about chart critique. Charts are things we like to judge, as graph rating systems, and the name of the blog Junk Charts suggest. What we wonder is will science ever be able to separate chart opinions from chart knowledge? Chart doxa from chart episteme? Consider […]
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ASKING A LIBRARIAN There is an interesting post and discussion at Statistical Modeling, Causal Inference, and Social Science about whether the Library of Congress stacks were ever open to the public. Andrew has detailed memories of roaming the stacks, including information on how they were configured (“like spokes on a wheel”), which if correct would […]
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GIGERENZER INTERVIEWED IN SALON.COM Leading Judgment and Decision-Making scholar Gerd Gigerenzer was interviewed in Salon.com this week about his new book Gut Feelings: The Intelligence of the Unconscious in a piece amusingly titled “Should National Security Depend on Michael Chertoff’s Gut?” The interview, which covers September 11th, fly balls, high school dropouts, illegal drugs, and […]
EXTREME AND HIGH IMPACT UNCERTAINTY Nassim Taleb’s new book The Black Swan is out now. Early reviews are in: David Shaywitz in the Wall Street Journal Niall Ferguson in the Sunday Telegraph & The LA Times Roger Lowenstein in Portfolio.com Gregg Easterbrook in The New York Times Taleb’s reply to Easterbrook The first chapter free […]
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NEURAL REPRESENTATIONS OF EXPECTED UTILITY Those in the NY metro area may wish to catch a Center for the Decision Sciences talk Thursday, November 9th, 2006 from 5:15pm-6:45pm, at Columbia University’s Warren Hall Room 311 at 115th & Amsterdam in New York City. The speaker is friend of DSN and CDS Jason Zweig and he’ll […]
HEURISTICS AND THE LAW Decision Science News is proud to be a part of the recently release by MIT Press Heuristics and the Law, edited by Gerd Gigerenzer and Christoph Engel. QUOTE FROM CASS SUNSTEIN, UNIVERSITY OF CHICAGO “An excellent collection, and an important contribution to exciting new work at the intersection of psychology, economics, […]
GUPTA AND LEHMANN WIN WITH MANAGING CUSTOMERS AS INVESTMENTS The 2006 Berry-AMA Book Prize for the best book in marketing goes to Sunil Gupta and Don Lehmann’s Managing Customers as Investments: The Strategic Value of Customers in the Long Run. The other nominees were: Don’t Just Relate – Advocate: A Blueprint for Profit in the […]
IMPROVISED TASTES Ever a students of improvisation, we are happy that Sarah Lichtenstein and Paul Slovic’s new edited volume The Construction of Preference is now out in earth-toned paperback, and that DSN editor’s modest contribution has made the cut. BLURB One of the main themes that has emerged from behavioral decision research during the past […]
