When Does Optimism Become Pollyannaism?
In “Before You Make That Big Decision,” which appeared in the June 2011 Harvard Business Review, Daniel Kahneman, Dan Lovallo and Olivier... Read More
Information You Know Is Wrong Still Influences You
Posted on21 Jul 2011
Tagsdice, Thoughts, Talent, subconscious, rationale, psychology, planting a seed, pigeonholing, Olivier Sibony, judges, intuition, information, Influence, Harvard Business Review, gossip, decisions, Daniel Kahneman, Dan Lovallo, cognition, Before You Make That Big Decision, anchoring
Previously, I listed some unconscious biases we have in decision-making. What I witness is that people just don’t believe that known wrong... Read More
Accounting for Unconscious Biases in Your Decision Making?
Posted on16 Dec 2010
Tagsbehavioral economics, abilities, budgets, McKinsey & Company, unknown, uncertainty, self-interest, optimism, Olivier Sibony, management, leadership, economics, diversity, dissent, decisions, Dan Lovallo
The article, The Case for Behavioral Strategy, (PDF) by Dan Lovallo and Olivier Sibony* from the March 2010 McKinsey Quarterly states: Once... Read More