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- WHAT THE LUCK ? : THE SURPRISING ROLE OF CHANCE IN OUR EVERYDAY LIVES
DetailsWe underestimate the importance of luck in our lives. We think too highly of the golfer who wins the British Open and, if he loses the next tournament, we speculate that he slacked off. Although the winner is surely an excellent golfer, good luck in how the ball bounced and how it rolled afterwards outside of the golfer's control also played an important role. An insufficient appreciation of chance can wreak all kinds of mischief - not only in sports, but also education, medicine, business, politics and elsewhere. Perfectly natural, random variation can lead us to attach meaning to the meaningless. Freakonomics showed how economic calculations can explain seemingly counterintuitive decision- making. Thinking, Fast and Slow, helped readers identify a host of small cognitive errors that can lead to miscalculations and irrational thought. In What the Luck? statistician and author, Gary Smith, sets himself a similar goal, and explains - in clear, understandable, and witty prose - how a statistical understanding of luck can change the way we see just about every aspect of our lives. ABOUT THE AUTHOR: Gary Smith is the Fletcher Jones Professor of Economics at Pomona College in Claremont, California. He has written (or co-authored) ten books and seventy-five academic papers on finance, sports, and statistical pitfalls. His research has been featured in the New York Times, Wall Street Journal, Forbes, Motley Fool, Newsweek and BusinessWeek. He was a guest speaker on CNBC, and a keynote speaker at the Brookings Institution in Washington DC and the Mortgage Finance Industry Summit in New York City. He received his B.A. in Mathematics with Honors from Harvey Mudd College and his Ph.D. in Economics from Yale University.
SKU Code PRK B 2040 Weight in Kg 0.3000 Brand Bookwomb Dispatch Period in Days 3 ISBN No. 9780715652091 Author Name Gary Smith Publisher Name Duckworth