Monday, 11 December 2017

A good decision is not made in one go

(Vrije Universiteit Amsterdam) The best decisions are made on the basis of the average of various estimates: this has been confirmed by the research of Dennie van Dolder and Martijn van den Assem, scientists at VU Amsterdam. Using data from Holland Casino promotional campaigns, they have researched whether it is true that when people make estimates, the average of their estimates is relatively close to reality. The results of the research are being published today in Nature Human Behaviour.

from EurekAlert! - Social and Behavioral Science http://ift.tt/2AtLbRo

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