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ambiguity aversion Archives – Decision Fish: Decide For Yourself
https://www.decisionfish.com/tag/ambiguity-aversion/
Decision Fish: Decide For YourselfMon, 01 Aug 2022 22:16:40 +0000en-US
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1 https://wordpress.org/?v=6.5.2https://i0.wp.com/www.decisionfish.com/wp-content/uploads/2016/02/cropped-squircle-df-vr-page-001-2-1.jpg?fit=32%2C32&ssl=1ambiguity aversion Archives – Decision Fish: Decide For Yourself
https://www.decisionfish.com/tag/ambiguity-aversion/
3232100758046The Surprising Power of Honest Ignorance
https://www.decisionfish.com/the-surprising-power-of-honest-ignorance/?utm_source=rss&utm_medium=rss&utm_campaign=the-surprising-power-of-honest-ignorance
Tue, 29 Dec 2015 01:09:54 +0000http://decisionfish.com/?p=377Decision-making is hard because there is a fundamental and unavoidable ignorance about the future. We are especially uncomfortable about outcomes produced by processes that we don’t understand well. We’re much more comfortable with risks that we can quantify, model and forecast. This is called “ambiguity aversion“. We are so uncomfortable with the former (uncertainties) that ... Read more
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377Lessons From the Global Financial Crisis
https://www.decisionfish.com/lessons-global-financial-crisis/?utm_source=rss&utm_medium=rss&utm_campaign=lessons-global-financial-crisis
Tue, 08 Dec 2015 22:43:29 +0000http://decisionfish.com/?p=333Why Did So Many People Make So Many Ex Post Bad Decisions? The Causes of the Foreclosure Crisis has a really interesting alternative explanation the global financial crisis of 2008: Maybe it wasn’t about financial industry insiders deceiving investors and homebuyers, financial innovations run amok, securitization that allowed mortgage originators to avoid having skin in the game ... Read more