The invisible hand of judgment?

I’m reading “Noise” by Daniel Kahneman, Oliver Sibony, and Cass sunstein. The authors talk about the flaws in our judgment — bias and noise.

I think you likely understand bias. I don’t know if we truly understand noise.

I’m learning that noise shows up in group decisions. For example, if 4 people solve a problem that involves judgment; you might have 4 wildly different answers — that’s noise.

Musically speaking, if a group of musicians all approached the same piece of music differently and couldn’t agree on a common interpretation — that would be a “noisy” performance.

You might see some more posts from me about noise and reducing noise. I hope you’ll enjoy the learnings as much as I enjoy the readings.

Comment on parenting.

A delicious book full of insights.