Decision Making

"Bad decisions are often caused by both bias and random 'noise'. By never rushing, and by methodically questioning all of your assumptions for common biases, you can reduce both factors and improve your judgment."

Inspired by Noise: A flaw in human judgement

by Daniel Kahneman

Reflection

What is the difference between a 'bias' (a predictable slant) and 'noise' (random inconsistency) in a decision-making process?