credit: Mysid/Wikimedia

Noisy people

Our decision-making is biased, but an even bigger limitation is that it is noisy. So what?

The loudest and longest standing criticism of neoclassical economics is that it assumes us meatbags are rational, self-interested, utility maximizing individuals, while in reality we’re subject to a raft of biases and fallacies. What’s more, the deviations from rational behaviour that…

--

--

--

Accidental behavioural economist in search of wisdom. Uses insights from (behavioural) economics in organization development. On Twitter as @koenfucius

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Do we need to restrain our survival instinct?

A cartoonlike drawing (from an old book) of a man trying to restrain a horse

There is more to behaviour than behaviour

A lonely man in an empty, cobbled street

What do we want? Control!

The utility of the open mind

A Harvard study that took 25 years shows that it is not the origin that determines a person’s fate

Life is Just One Thing After Another.

Pnl: Calibration and Supersense to become a mind detective.

Granularity

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Koen Smets

Koen Smets

Accidental behavioural economist in search of wisdom. Uses insights from (behavioural) economics in organization development. On Twitter as @koenfucius

More from Medium

Sciflow Helps You to Write the Best Possible Research Paper

The Biggest Misunderstanding about Behavioural Insights

All bad things must come to an end

A small girl pulling a revulsed face

A goldfish that can drive! What does this mean for the world