267. How to Make a Bad Decision - podcast episode cover

267. How to Make a Bad Decision

Nov 17, 201636 minEp. 267
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Episode description

Some of our most important decisions are shaped by something as random as the order in which we make them. The gambler's fallacy, as it's known, affects loan officers, federal judges -- and probably you too. How to avoid it? The first step is to admit just how fallible we all are.

267. How to Make a Bad Decision | Freakonomics Radio podcast - Listen or read transcript on Metacast