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Kenneth Rogoff
Filter: Category: PSYCHOLOGY > Decision-making
  • PSYCHOLOGY, Decision-making

    Tim Herrera, "How to Make Tough Decisions Easier"

    The New York Times - metered paywallk - 4 Jun 2018

    A quick take from the Smarter Living newsletter on how not to fall into the trap of FOBO (Fear of Better Options). “Phenomenon maximization” (in the scientific jargon) leads to indecision, regret and lower happiness. It’s much better to settle for a “good enough” or what the journalist calls “Mostly fine decision”: the minimum outcome we are willing to accept for a decision (reads in 3-4 min). 

    Published in Weekly selection 9 June 2018

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  • PSYCHOLOGY, Decision-making

    Gloria Origgi, "Say goodbye to the information age: it’s all about reputation now"

    AEON Magazine - 1 May 2018

    In her latest book (“Reputation: What It Is and Why It Matters”), the philosopher makes a fundamental point: the greater the amount of information that circulates, the more we rely on so-called reputational devices to evaluate it. Hence, we are moving from the ‘information age’ towards the ‘reputation age’, in which information will have value only if it is already filtered, evaluated and commented upon by others. Reputation is therefore the central pillar of collective intelligence – which is what the Monthly Barometer is all about! (reads in 4-5 min).

    Published in Weekly selection 4 May 2018

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  • PSYCHOLOGY, Decision-making

    Jenny Anderson, "What Amazon learned by having employees write stories instead of doing Power-Points"

    Quartz at Work - 19 Apr 2018

    In his latest letter to shareholders, Amazon CEO Jeff Bezos details the company’s march to global domination. He attributes his company’s success to high expectations that depend on many different standards. One should attract the attention of the all too many companies obsessing about power-point presentations: they are forbidden at Amazon. The overall strategy and any proposal depend on a “narratively structured six-page memo” which attendees read silently at the start of the meeting (reads in 3-4 min).

    Published in Weekly selection 21 April 2018

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