Category Archives: Uncategorized

Better Predictions Through History

“Hegel¬†was right when he said that we learn from history that man can never learn anything from history”¬†– George Bernard Shaw In 1977, the psychology researchers Daniel Kahneman and Amos Tversky produced an influential paper entitled Intuitive… Read more

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Weak Evidence – Folklore, Pseudoscience and Superstition

Last week, in this blog, I covered the topic of scientific research. In a post, I described the most common forms of research as well as how they differ in terms of the strength of evidence that they provide. I thought it was important for lay… Read more

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There’s Always a Tradeoff! – Opportunity Cost

One of the most basic functions that professionals perform is the decision to move forward with a project, investment or basic activity. Generally, the decision is framed in a simple question; do the anticipated benefits of the action exceed the… Read more

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Superdome Power Outage – What are the Lessons?

Last night, as over 100 million people watched, the lights went out for 34 minutes at Superbowl 47 in New Orleans. The incident prompted many to share their “wit and wisdom” (sarcasm intended) via twitter. Some thought Beyonce’s hot show blew a… Read more

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An Easy Decision

A common characteristic of knowledge based work is the need to deal with complex, novel situations. Frequently, a professional is confronted with a situation that involves assessment, analysis, and ultimately a judgement and/or decision. Typical… Read more

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