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The Myth of Experience: Why We Learn the Wrong Lessons, and Ways to Correct Them

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4.31  ·  Rating details ·  29 ratings  ·  12 reviews
Experience is a great teacher-except when it isn't.
Our personal experience is key to who we are and what we do. We judge others by their experience and are judged by ours. Society venerates experience. From doctors to teachers to managers to presidents, the more experience the better. It's not surprising then, that we often fall back on experience when making decisions, an
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Hardcover, 272 pages
Published September 1st 2020 by PublicAffairs
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Jeff
Jul 01, 2020 rated it liked it
Argumentum Ad Verecundiam. This book had an excellent premise, but just a mediocre implementation (in so far as the arguments themselves - the writing was excellent). Soyer and Hogarth excel when showing how one's own experience can blind oneself in numerous areas and arenas, and suggest ways to overcome this blindness. But then fall to their own blindess in accepting and even appealing to the "authority" of "experts" in various topics - seeming to completely disregard that these very "experts" ...more
Bora Erdogan
Jan 01, 2021 rated it it was amazing
What is success?
What is failure?
Can we achieve success by getting up early, or being in the moment?
Is it advisable to follow the footprints of successful people's experiences or are they vain?
What if we listen from an entrepreneur who failed so hard?

All the answers or detailed explanations to these questions with important historical or modern business life events are in this book.

Hippocrates warned us about learning from experience: “Life is short, and Art long; the crisis fleeting; experience
...more
Joseph
May 17, 2020 rated it it was amazing
I received a digital galley of this book from Net Galley in exchange for a fair review. “The Myth of Experience,” is a wise, well-written book that deftly analyzes how experience can give false assurance to how we perceive events and how we can make the wrong decisions based on a selective recollection of events. The authors do a brilliant job, in my opinion, organizing their book chapter-by-chapter on how experience can convey a deceptive message to individuals by telling too simplistic narrati ...more
Chris Boutté
Dec 11, 2020 rated it it was amazing
I read a lot of books about the psychology of decision making so I can better understand the cognitive flaws that we all face on a daily basis. With that being said, this book from Soyer and Hogarth is definitely one of the best. I dive deep into topics when I get interested in them, and sometimes they can be extremely repetitive, but I can say that Soyer and Hogarth took quite a few unique angles. 

I really enjoyed the premise of this book as well because we often make inferences based on previo
...more
Seha Ozgur
Dec 15, 2020 rated it it was amazing
The authors (inadvertently) timed this book well. They talk about how our experience shapes our reactions, how this can at times be misleading, and what to do about it. Throughout the pandemic, I saw their point everywhere I looked. Once you see it, it's hard to unsee.

The examples in the book come from a diverse set of situations. The insights are helpful in interpreting / understanding how decisions of companies, governments and individuals might come to be, through the lens of how past experie
...more
Kh
Jan 01, 2021 rated it it was amazing
Experience is reliable, easy to reach and helps solves many of our problems. Is that really the case?

In “The Myth of Experience”, Emre Soyer and Robin Hogarth explore the pitfalls of over-reliance on past experience to make decisions and to solve complex problems.

The book is packed with several anecdotes which are hugely relatable in our day-to-day lives. A fun read!
Andy Of The Blacks
Dec 23, 2020 rated it really liked it
Quick read, quite interesting. Not especially original, as it cites and reports works and ideas from other authors all the way through, but a good introduction to the topic. It's easy to understand and presents interesting ideas, well connected to the main theme. Good to read in 2020 with all that's going on. ...more
Secil
Oct 30, 2020 rated it it was amazing
Being familiar with the authors' previous work, I was looking forward to the publication of this book. It didn't prove me wrong. It was a very pleasant read, valuable insights, lots of new learning from behavioral science,  and a great collection of current examples that I already started using in the classes I teach on perception and decision making. Highly recommended...
...more
Evan Piekara
Dec 20, 2020 rated it it was amazing
Interesting premise and ties in insights from leading behavioral scientists, psychologists, and thought leaders (ironically) on how experience can hinder us. Soyer and Hogarth write in a easily understandable style using stories and data to help support their premise. Enjoyable read!
Tahir
Nov 12, 2020 rated it it was amazing
really enjoyed the reading. it is a general analysis of the decision process - where our experience plays a crucial role - and its fallacies. While nicely covering the literature and enriching it with accurate, new examples, it comes up with applicable points on how to improve decisions.
Frances Liu
Feb 08, 2021 rated it really liked it
This book is simply repeating thinking fast and slow, in a less intense manner.
Steve Folan
Dec 15, 2020 rated it really liked it
Great book with good examples and should be compulsory for new management consultants, so they just don't follow the crowd and old management consultants who think they've seen it all. ...more
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Emre Soyer is a behavioral scientist and an entrepreneur. After working in and establishing several startups, he has completed his PhD in behavioral decision making. Since then, he has been conducting research and working with a variety of companies and sectors, building tools and methods to improve individual and team decisions. He’s also been collaborating with business schools, including INSEAD ...more

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