
The Economics of Uncertainty
How We Misjudge Likelihood and Risk
Educational · Jun 1, 2020 · 30 min The Great Courses Signature Collection
Available on Prime Video
S1, E5: Improve your ability to handle uncertainty by studying two ways that people reach decisions. System 1 excels at making snap judgments, while System 2 is analytical, methodical, and more time-consuming. Weigh the strengths and weaknesses of each, focusing on the problem of estimating probabilities.
Educational · Jun 1, 2020 · 30 min