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Michael J. O'Brien, Judith Charlin, Briggs Buchanan, Marcelo Cardillo, Metin I. Eren
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Michael J. O'Brien, Chris Clarkson, Briggs Buchanan, Peter Hiscock, Metin I. Eren ...
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Michael J. O'Brien
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Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0001
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0002
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0003
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0004
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0005
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0006
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0007
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0008
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0009
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0010
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0011
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.003.0012
EISBN: 9780262352536
Publisher: The MIT Press
Published: 12 March 2019
DOI: 10.7551/mitpress/11143.001.0001
EISBN: 9780262352536
How people make decisions in an era of too much information and fake news. Humans originally evolved in a world of few choices. Prehistoric, preindustrial, and predigital eras required fewer decisions than today's all-access, always-on world of too much information. Economists have largely discarded the idea that agents act rationally and the market follows suit. It seems that no matter how small or innocuous a decision might seem, there's almost no way to guess the effect it might have. The authors of The Importance of Small Decisions view decisions and their outcomes from a different perspective: as key elements in the evolution of culture. In this trailblazing book, they examine different kinds of decisions and map the outcomes, both short- and long-term. Drawing on this, they introduce a map of social behavior that captures the essential elements of human decision-making. The authors look at the New England Patriots' decision in 2000 to draft an underachieving college quarterback named Tom Brady; they consider Warren Buffett's investment strategy; and they chart the “dancing landscape” of a college applicant's decision-making environment. Finally, they show that decisions can be ranked according to transparency of choice and social influence. When fake news seems indistinguishable from real news and when the internet offers a cacophony of voices, they warn, we can't afford to crowdsource our decisions.
Series: Vienna Series in Theoretical Biology
Publisher: The MIT Press
Published: 20 April 2018
DOI: 10.7551/mitpress/11554.003.0011
EISBN: 9780262346160
Series: Vienna Series in Theoretical Biology
Publisher: The MIT Press
Published: 20 April 2018
EISBN: 9780262346160
Book Chapter
Series: Vienna Series in Theoretical Biology
Publisher: The MIT Press
Published: 20 April 2018
DOI: 10.7551/mitpress/11554.003.0013
EISBN: 9780262346160
Series: Vienna Series in Theoretical Biology
Publisher: The MIT Press
Published: 20 April 2018
DOI: 10.7551/mitpress/11554.003.0014
EISBN: 9780262346160
Series: Vienna Series in Theoretical Biology
Publisher: The MIT Press
Published: 20 April 2018
DOI: 10.7551/mitpress/11554.003.0015
EISBN: 9780262346160
Book Chapter
Series: Vienna Series in Theoretical Biology
Publisher: The MIT Press
Published: 20 April 2018
DOI: 10.7551/mitpress/11554.003.0016
EISBN: 9780262346160
Series: Vienna Series in Theoretical Biology
Publisher: The MIT Press
Published: 20 April 2018
EISBN: 9780262346160
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