This document summarizes strategies for debiasing human decision making. It discusses motivational, cognitive, and technological strategies for overcoming biases. Some key points covered include recognizing biases through feedback, replacing inferior intuitive decision strategies with better rules-based strategies through training, using technology like linear models and statistical analysis to improve upon expert judgments, and promoting the adoption of debiasing techniques through social norms and management programs.
5. 1.By Status Quo and Environment
2.Increasing Decision Making Skills
Robustness
1. Meliorists
2. Apologists
5
6. 1.Recognition
2.Correction
1. Feed back problem & Source of Error
2. Uncertainty of Environment(Self Serving attributions
of ability)
3. Compensation of Cultural Mechanism
6
25. People reason better about
“frequencies” than about “probabilities”
Frequencies Probabilities
25
26. • Information as “Probabilities”
%0.8 of women have breast cancer
The probability of “positive result” for
those who have cancer is %90
The probability of “positive result” for
those who don’t have cancer is %7
26
27. • Information as “Frequencies”
‘Eight’ out of every 1000 women have
breast cancer
Of this ‘eight’ women ‘seven’ will have
a positive result
Of the ‘992’ women who don’t have
cancer ‘70’ will still have a positive
result
27
30. Disadvantages
Increase sample size of experience
Synergy
Error-checking system
30
Social cost of rejection
Free riding
Anchoring
Benefits
31. 31
LINEAR MODELS
& STATISTICAL TECHNIQUES
Experts can be replaced by models based on their judgments
Theses models can make better prediction than experts .
U(A) = w1 X1 + w2 X2 + w3 X3
Proper & Improper
Linear Models
32. 32
MUA (Multiattribute Utility) Analysis
Decision Analysis
Decision support system (DSS)
33. The main question is:
How to encourage
people to adopt
better decision
strategies?
33
35. People resist being Debiased
“Doing it Wrong” for all these years?!
Relinquish control over a decision process
Techniques are alien and complex and the
benefits are noisy, delayed or small
35
36. Promote Adoption
Compliance to
behavioral norm
Compliance to
behavioral norm
InternValisza.tion of
beliefs
Internalization
of beliefs
36