News & Events

New Book on Decision Making

An interesting book is now on the best seller’s list about decision making and pertains to all fields, not just education.  Michael Lewis of Moneyball fame has written The Undoing Project.  It is the story of two psychologists who studied decision making in fields such as medicine and sports.  The two psychologists, Daniel Kahneman and Amos Tversky wrote ground-breaking articles on how decisions are made, the assumptions, and fallacies. For example, the hot hand phenomenon in basketball is really a myth.  Kahneman was awarded the Nobel Prize for Economic Sciences for this work.  A good and interesting read for those involved in decision making.