Di Wu

43%
Flag icon
ambiguous scales are common, which means that the punitive-damages study holds two general lessons, applicable in business, education, sports, government, and elsewhere. First, the choice of a scale can make a large difference in the amount of noise in judgments, because ambiguous scales are noisy. Second, replacing absolute judgments with relative ones, when feasible, is likely to reduce noise.
Noise: A Flaw in Human Judgment
Rate this book
Clear rating
Open Preview