What You'll Learn:
Whether you’re a surgeon, a Supreme Court justice, or none of the above, decisions are an integral, unavoidable part of daily life. When the necessity of decision-making enters the judiciary, hospitals, and businesses, it’s especially crucial to survey the ways leaders arrive at their conclusions to unearth the hidden influences that disturb seemingly impartial results. In their newest work, Nobel Prize winning psychologist Daniel Kahneman and scholars Olivier Sibony and Cass R. Sunstein investigate the influence of “noise,” diagnosing dissonance in our decision-making and encouraging us to conduct choices that resound with greater harmony.
Key Insights:
- We may be deaf to decision-making “noise,” but it impacts our choices every day.
- Noise consists of various sounds: pattern, level, and occasion noise lead to skewed judgment.
- The brain builds its kingdom quickly, but psychological bias may cause its walls to tumble down.
- We can polish our choices with a little “decision hygiene.”
- Rules quiet down disorderly decisions.