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From the best-selling author of Thinking, Fast and Slow, the co-author of Nudge, and the author of You Are About to Make a Terrible Mistake! comes Noise, a revolutionary exploration of why people make bad judgments, and how to control both noise and cognitive bias. Imagine that two doctors in the same city give different diagnoses to identical patients - or that two judges in the same courthouse give markedly different sentences to people who have committed the same crime. Suppose that different interviewers at the same firm make different decisions about indistinguishable job applicants - or that when a company is handling customer complaints, the resolution depends on who happens to answer the phone. Now imagine that the same doctor, the same judge, the same interviewer, or the same customer service agent makes different decisions depending on whether it is morning or afternoon, or Monday rather than Wednesday. These are examples of noise: variability in judgments that should be identical. In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show the detrimental effects of noise in many fields, including medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Wherever there is judgment, there is noise. Yet, most of the time, individuals and organizations alike are unaware of it. They neglect noise. With a few simple remedies, people can reduce both noise and bias, and so make far better decisions. Packed with original ideas, and offering the same kinds of research-based insights that made Thinking, Fast and Slow and Nudge groundbreaking New York Times best sellers, Noise explains how and why humans are so susceptible to noise in judgment - and what we can do about it.
Variability in judgment, known as noise, leads to inconsistent and often detrimental decisions across various professional fields. Kahneman, Sibony, and Sunstein explore the pervasive nature of noise, demonstrating how identical situations can result in vastly different outcomes in medicine, law, economics, and more. The authors highlight that individuals and organizations are frequently unaware of this noise, leading to its neglect. They propose that by implementing simple remedies, it is possible to significantly reduce both noise and cognitive bias, thereby improving the quality of judgments made.
The book is presented as a significant work from a renowned author in behavioral economics and psychology, building on the success of his previous works. It is positioned as a revolutionary exploration of judgment errors, offering research-based insights into why humans are susceptible to noise and how to mitigate its effects. The premise suggests a deep dive into the mechanics of decision-making and practical applications for improving accuracy in professional and personal contexts. The authors' established credibility indicates a text likely to be both informative and impactful for readers interested in understanding and controlling human judgment.
Page Count:
496
Publication Date:
2022-01-01
Publisher:
HarperCollins Publishers Limited
ISBN-10:
0008534446
ISBN-13:
9780008534448
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