Archive for April, 2008

Risk is Not the Science of Calculated Odds; It is an Art of Skepticism
We can measure and compute risks more accurately than any period in history. But is this a good thing for risk management? I'm not sure, and I see two separate problems. One issue is that more information can confuse rather than inform. Just ask yourself if the risk assessments of nutrition ...


Focal Points (or Schelling Points): How We Naturally Organize in Games of Coordination
Bike safety is a big topic. Wear a helmet. Follow traffic laws, like halting at stop signs. Don't go too fast, and make sure your brakes work. This is all useful advice. It has been beat over my head since elementary school. Nonetheless, it didn't help me from getting into bike ...