Noise Is Not Just Noise!

In a recent post, I discussed the distinction between "noise" and "bias" as noted in the new book, Noise: A Flaw in Human Judgment (Hachette Book Group, New York 2021)  by Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein.   Although somewhat intense reading, I managed to finish it and realized [Read More]