Deprecated: Hook jetpack_pre_connection_prompt_helpers is deprecated since version jetpack-13.2.0 with no alternative available. in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php on line 6078 Warning: Cannot modify header information - headers already sent by (output started at /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php:6078) in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/feed-rss2.php on line 8 ambiguity aversion Archives – Decision Fish: Decide For Yourself https://www.decisionfish.com/tag/ambiguity-aversion/ Decision Fish: Decide For Yourself Mon, 01 Aug 2022 22:16:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://i0.wp.com/www.decisionfish.com/wp-content/uploads/2016/02/cropped-squircle-df-vr-page-001-2-1.jpg?fit=32%2C32&ssl=1 ambiguity aversion Archives – Decision Fish: Decide For Yourself https://www.decisionfish.com/tag/ambiguity-aversion/ 32 32 100758046 The 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 +0000 http://decisionfish.com/?p=377 Decision-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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Lessons 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 +0000 http://decisionfish.com/?p=333 Why 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

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