Archive for the ‘Rationality Bites’ Category

In the opening pages of Introduction to Decision Analysis, decision analyst David Skinner tells the harrowing story of “the hardest decision [he] ever made”: In September of 1998, I was working… in Venezuela when I received a phone call from a good friend that my wife… was in the hospital… I quickly called the hospital,

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In 2003, Apple co-founder Steve Jobs was diagnosed with cancer. Luckily, it was a type of pancreatic cancer with a very high survival rate. Unfortunately, Jobs resisted his doctors’ recommendations for mainstream medical treatment for nine months. Instead, he turned to experts in “alternative medicine,” including an acupuncturist and a psychic. Jobs finally consented to

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