Dr_Manhattan comments on Example of poor decision making under pressure (from game show) - Less Wrong

7 Post author: Wilka 10 December 2011 03:39PM

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Comment author: Dr_Manhattan 10 December 2011 05:06:42PM 4 points [-]

One fascinating thing Ross Schachter does in his decision analysis courses is he makes people put weights on multiple choice answers. In the beginning of every class he goes over the stats for the previous batch. OVERCONFIDENCE GETS SEVERELY PENALIZED. It's just about the only thing I remember from the course (goes over stuff very similar to Vaniver's sequence http://lesswrong.com/user/Vaniver/submitted/ - needs a better link), but I thought it was awesome.