Noise
Failed to add items
Add to basket failed.
Add to wishlist failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
Get 30 days of Standard free
Buy Now for £16.36
-
Narrated by:
-
Todd Ross
-
Daniel Kahneman
-
Olivier Sibony
‘Noise may be the most important book I've read in more than a decade. A genuinely new idea so exceedingly important you will immediately put it into practice. A masterpiece’
Angela Duckworth, author of Grit
‘An absolutely brilliant investigation of a massive societal problem that has been hiding in plain sight’
Steven Levitt, co-author of Freakonomics
From the world-leaders in strategic thinking and the multi-million copy bestselling authors of Thinking Fast and Slow and Nudge, the next big book to change the way you think.
We like to think we make decisions based on good reasoning – and that our doctors, judges, politicians, economic forecasters and employers do too. In this groundbreaking book, three world-leading behavioural scientists come together to assess the last great fault in our collective decision-making: noise.
We all make bad judgements more than we think. Noise shows us what we can do to make better ones.
Critic reviews
New York Times
Sunday Times
Martha Gill, Evening Standard
Esther Duflo, winner of a 2019 Nobel Prize
Philip E. Tetlock, co-author of Superforecasting
David Lammy
Noise, more important than you thought
Something went wrong. Please try again in a few minutes.
Whilst interesting in terms of seeing how inconsitent methodologies can cause more problems than bias where a miss in the system against a theoretical "true value" doesn't cancel out with a mistake made in the other direction, ie when you mis-price two stocks it doesn't matter if the errors are opposite, both are errors and it's only the magintude of the error that matters.
The authors seem to assume some familiarity with their previous work, talking about System 1 thinking without the background of thinking fast and slow might cause an issue for some readers. The audiobook also has an interview with the authors at the end which seems to be a quick summary of the points made in the book, it's about half an hour and doesn't add much to the text.
There's some practical advice at the end of the book about eliminating Noise in different areas which is interesting even though it might be hard to implement because it's hard to see the results. Author's refer to decision hygenie as you're fighting an invisible enemy through methodology which can't show what you might have been protected from, you just have to trust in the process.
Noise and how to be a little bit better
Something went wrong. Please try again in a few minutes.
It makes you think about the processes you stand by and how you inter act with the team, how we get things done and why we do some things in the first place. I loved it this is a book for the 21sdt century!
Nudge and Thinking Fast and Slow are both worth picking up as additional reading if this interests you amongst others..
Changing by understanding for the better.
Something went wrong. Please try again in a few minutes.
An excellent learning experience
Something went wrong. Please try again in a few minutes.
noise is defined as elements that influence our decisions but which should not really be influencing our decisions. For example let's say we are thinking about hiring one person to do a job. Did you know that if during the process of the interview we are feeling uncomfortable too hot or too cold or perhaps we have had some level of displeasure about something or the other totally unconnected to the interview, or perhaps we have had some level of pleasure or happiness again totally unconnected to the interview, our decision about the individual we are actually interviewing is impacted by the side effects that our day to day living exposes us to.
a detailed research book that should be read by most people really because it will get you thinking about decisions you make whether in the family or business environment and how you can apply certain methods and decision hygiene to enable you to make the right decision and to reduce the undue level of influence on your decisions.
thoroughly enjoyable and extremely well-written very accessible and really an essential for your library and generations to come will find this book of immense utility.
decision making is noisy
Something went wrong. Please try again in a few minutes.