The science of mistakes

The Irony Effect

Danny Kahneman’s love affair with Amos Tversky began in the spring of 1969, when his dazzling and clever colleague, also a professor of psychology at Hebrew University in Jerusalem, came to give a talk to Kahneman’s graduate seminar. Tversky told the students about a new study being done by researchers in Michigan on how regular people tend to think about statistics. The work suggested that we all have a natural grasp of probability, Tversky said. We’re all inclined to be rational. “Brilliant talk,” said Kahneman when Tversky finished, “but I don’t believe a word of it.” He had strong reasons to be skeptical. ….[READ]