Noise: A Flaw in Human Judgment
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Daniel Kahneman, Olivier Sibony, and Cass Sunstein examine "noise," a flaw causing inconsistent judgments. Unlike bias, noise creates variability, like differing sentences for the same crime or varied medical diagnoses. This leads to errors across medicine, law, and business. Their research demonstrates noise's presence in all judgment-based scenarios. They propose solutions to minimize this hidden error, promoting fairer and more informed decision-making.
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