Book review- Noise: A Flaw in Human Judgment Book by Daniel Kahneman, Olivier Sibony and Cass R. Sunstein
“Most of us, most of the time, live with the unquestioned belief that the world looks as it does because that’s the way it is." Understanding the distinction between bias and noise in systems is crucial for our life, mind and peace of heart! I decided to buy this book on the spot for two compelling reasons: first, my outstanding experience with Daniel Kahneman's earlier work, " Thinking fast and slow ," made me eager for more. Second, the pervasive noisy environments surrounding us highlight the need for insights to help me navigate decisions more effectively. In "Noise," Daniel Kahneman, Cass R. Sunstein, and Olivier Sibony illustrate how noise plays a significant role in causing errors across various fields, including medicine, law, economic forecasting, police behaviour, food safety, bail decisions, airport security checks, strategy, and personnel selection. Although noise is present whenever people make judgments and decisions, individuals and ...