267. How to Make a Bad Decision
Some of our most important decisions are shaped by something as random as the order in which we make them. The gambler's fallacy, as it's known, affects loan officers, federal judges -- and probably you too. How to avoid it? The first step is to admit just how fallible we all are.
Episode 267 of the Freakonomics Radio podcast, hosted by Freakonomics Radio + Stitcher, titled "267. How to Make a Bad Decision" was published on November 17, 2016 and runs 35 minutes.
November 17, 2016 ·35m · Freakonomics Radio
Summary
Some of our most important decisions are shaped by something as random as the order in which we make them. The gambler's fallacy, as it's known, affects loan officers, federal judges -- and probably you too. How to avoid it? The first step is to admit just how fallible we all are.
Episode Description
Some of our most important decisions are shaped by something as random as the order in which we make them. The gambler's fallacy, as it's known, affects loan officers, federal judges -- and probably you too. How to avoid it? The first step is to admit just how fallible we all are.
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