Armand Cognetta

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The distinction between judgment and decision making appeared as fuzzy as the distinction between judgment and prediction. But to Amos, as to other mathematical psychologists, they were distinct fields of inquiry. A person making a judgment was assigning odds. How likely is it that that guy will be a good NBA player? How risky is that triple-A-rated subprime mortgage–backed CDO? Is the shadow on the X-ray cancer? Not every judgment is followed by a decision, but every decision implies some judgment. The field of decision making explored what people did after they had formed some judgment—after ...more
The Undoing Project: A Friendship That Changed Our Minds
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