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		<title>The Surprising Power of Honest Ignorance</title>
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		<dc:creator><![CDATA[Brett F. Whysel]]></dc:creator>
		<pubDate>Tue, 29 Dec 2015 01:09:54 +0000</pubDate>
				<category><![CDATA[Decisions]]></category>
		<category><![CDATA[ambiguity aversion]]></category>
		<category><![CDATA[behavioral economics]]></category>
		<category><![CDATA[bias]]></category>
		<category><![CDATA[decisions]]></category>
		<category><![CDATA[ignorance]]></category>
		<category><![CDATA[investing]]></category>
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					<description><![CDATA[<p>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&#8217;t understand well. We&#8217;re much more comfortable with risks that we can quantify, model and forecast. This is called &#8220;ambiguity aversion&#8220;. We are so uncomfortable with the former (uncertainties) that ... <a title="The Surprising Power of Honest Ignorance" class="read-more" href="https://www.decisionfish.com/the-surprising-power-of-honest-ignorance/" aria-label="More on The Surprising Power of Honest Ignorance">Read more</a></p>
<p>The post <a href="https://www.decisionfish.com/the-surprising-power-of-honest-ignorance/">The Surprising Power of Honest Ignorance</a> appeared first on <a href="https://www.decisionfish.com">Decision Fish: Decide For Yourself</a>.</p>
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