The role of intuitions

The role of intuitions

About This Video

Intuitions play an important role in many real-world decision making situations, yet they are often discarded as flawed when compared to algorithmic solutions. Societal pressures on decision makers to produce rational and factual evidence for the legitimacy of a decision often lead decision makers to legitimize their gut decisions after the fact - at large costs to society and individuals.
Tags:
heuristics, decision making, intuitions, medical decision making, economics, algorithms
Duration:
00:09:10