Fooled by Randomness : : the Hidden Role of Chance in Life and in the Markets

Locations
Call Number: 123.3 Ta
On Shelf At: Downtown Library

Location & Checkout Length	Call Number	Checkout Length	Item Status
Downtown 2nd Floor 4-week checkout	123.3 Ta	4-week checkout	On Shelf

Originally published: New York : Thomson/Texere, 2004.
If you're so rich, why aren't you so smart? -- A bizarre accounting method -- A mathematical mediation on history -- Randomness, nonsense, and the scientific intellectual -- Survival of the least fit : can evolution be fooled by randomness? -- Skewness and asymmetry -- The problem of induction -- Too many millionaires next door -- It is easier to buy and sell than fry an egg -- Loser takes all : on the nonlinearities of life -- Randomness and our mind : we are probability blind -- Gamblers' ticks and pigeons in a box -- Carneades comes to Rome : on probability and skepticism -- Bacchus abandons Antony -- Solon told you so -- Three afterthoughts in the shower.

COMMUNITY REVIEWS

Cognitive biases and irrationalities that drive human behavior and decision-making submitted by sVfGI7Glt2pz7GZgVB90 on August 1, 2019, 10:17pm An engrossing book that justifies three facts of life. (1) Luck, chance, and randomness play a larger role in the happenings of the world than most people acknowledge. (2) People tend to justify random outcomes as non-random and rationalize chance outcomes as results of deliberate actions. (3) Variations in performance and ability can cause disproportionate rewards, difficulties, punishments, or returns.