Paul O'Neill

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The probability of a conjunction of events (A and B both occurring) cannot be greater than the probability of either of them occurring alone. The probability that you will draw a red jack has to be lower than the probability that you will draw a jack, because some jacks you might draw are not red. Yet Tversky and Kahneman have shown that most people, including statisticians and medical researchers, commonly make the error.263 Consider the case of Bill, a thirty-four-year-old man who is intelligent but also unimaginative, compulsive, and rather dull. In school he was strong in mathematics but ...more
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The Better Angels of Our Nature: A History of Violence and Humanity
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