The Art of Uncertainty: How to Navigate Chance, Ignorance, Risk and Luck David Spiegelhalter Pelican (2024) As I sat down to read David Spiegelhalter’s The Art of Uncertainty, much of the world’s ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. It is common wisdom in the business world that fears of economic turbulence tend to be ...
In one research study, participants were given a choice: Either they could pay $38 to guarantee they would get a $50 gift certificate, or they could pay $28 to enter a lottery for a chance to win ...
Uncertainty is not as easily measured as traditional indicators like growth or inflation, but economists have built some reliable proxies. One of the best-known gauges is the Economic Policy ...
Uncertainty seems to be everywhere right now. Uncertainty about the economy, politics, careers, weather, and wars, to name just a few. Doubt sets in anytime we face a decision with incomplete or ...