Mental Databases
topic on 1 show · 1 statements across 1 episodes
1 statements about Mental Databases, every show
Mauboussin: People Overapply Personal Experiences and Ignore Broad Base Rates
“The key thing to underscore in all this is that we all have our little mental databases. We've all had experiences. We've all had wins and losses. We value those, right? They're important to us. And so we tend to think that they're going to apply more than the…”