Papers We Love: Judgment Under Uncertainty / Cognitive Bias

Our founder, Tracy Allison Altman, will talk about cognitive bias and behavioral economics for software design @ Papers We Love – Denver. Tversky and Kahneman’s classic “Judgment under Uncertainty: Heuristics and Biases” challenged conventional thinking about bias in decision making, inspiring new approaches to cognitive science, choice architecture, public policy, and the underlying technology. Join […]

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Algorithm reluctance, home-visit showdown, and the problem with wearables.
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Yikes, evidence-based decisions are taking on water. Decision makers still resist handing the car keys to others, even when machines make better predictions. And government agencies continue to, ahem, struggle with making evidence-based policy.  — Tracy Altman, editor 1. Evidence-based home visit program loses funding. The evidence base has developed over 30+ years. Advocates for home visit programs […]

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Analytics teams need to be insight integrators.
storm troopers

1. Lori C. Bieda of SAS is spot on, describing how analytics professionals can grow into roles as trusted advisors for senior executives. In The Translation Layer: The Role of Analytic Talent, she explains that “Analytics teams… need to evolve from data providers into insight integrators.” Lots of detailed observations and recommendations in this white […]

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The Cardinal Sin of data science, and cognitive bias in 5 easy steps.
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1. Confusing correlation with causation is not the Cardinal Sin of data science, say Gregory Piatetsky (@kdnuggets) and Anmol Rajpurohit (@hey_anmol): It’s overfitting. Oftentimes, researchers “test numerous hypotheses without proper statistical control, until they happen to find something interesting and report it. Not surprisingly, next time the effect, which was (at least partly) due to […]

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Masters of self-deception, rapid systematic reviews, and Gauss v. Legendre.
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1. Human fallibility → Debiasing techniques → Better science Don’t miss Regina Nuzzo’s fantastic analysis in Nature: How scientists trick themselves, and how they can stop. @ReginaNuzzo explains why people are masters of self-deception, and how cognitive biases interfere with rigorous findings. Making things worse are a flawed science publishing process and “performance enhancing” statistical […]

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