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The Future of Rational Decision Making: A Discussion with Olivier Sibony

New Books in Science, Technology, and Society

00:00

Level Noise Is a Source of Unwonted Variability

Judges before and after lunch tend to reach different decisions. Is that bias or randomness? That is noise too, and it's frent type of noise. We also have within judge variability, which is what we call occasion noise. There is third type, which we can come back to later. But these are two of the three types of noise.

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