Tag Archives: probability

Two Types of Thinking

The Nobel Prize winning psychologist, Danny Kahneman, has just released an excellent book entitled Thinking, Fast and Slow. Kahneman is the grandfather of the cognitive science revolution, with significant contributions dating back to the early… Read more

Posted in Cognitive Bias, Probability/Statistics, Psychology, Risk | Tagged , , , , | Comments Off on Two Types of Thinking

Jumping To Conclusions – Base Rate Neglect

In his bestselling book Blink, Malcolm Gladwell describes the power of rapid, instinctive thinking.  He explains how medical doctors, counterintuitively, can make improved diagnoses with less information and analysis.  While there may be instances… Read more

Posted in Cognitive Bias, Probability/Statistics, Psychology, Risk | Tagged , , , , | Comments Off on Jumping To Conclusions – Base Rate Neglect