Scientific Approach to Decision-Making

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Read the attached simulation transcriipt and answer the question in the picture on Slide 10.

Course materials for reference:

Gladwell, Malcolm (2005). Blink The Power of Thinking Without Thinking.
Chapter 3 – The Warren Harding Error: Why We Fall For Tall, Dark, and Handsome Men

Link: https://media.oiipdf.com/pdf/55901413-cd26-45f8-af8a-ca907b7e80a4.pdf

Kahneman, Daniel, Sibony, Olivia, & Sunstein, Cass R. (2021). Noise A Flaw in Human Judgment.
Chapter 4 – Matters of Judgment
Chapter 5 – Measuring Error
Chapter 6 – The Analysis of Noise
Chapter 9 – Judgment and Models

Link:

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