4.6 β’ 3.5K Ratings
ποΈ 28 March 2024
β±οΈ 10 minutes
ποΈ Recording | iTunes | RSS
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In an episode of More or Less from 2012, Daniel Kahneman β the Nobel prize-winning behavioural economist who has died at the age of 90 β explains the big ideas in his book Thinking, Fast and Slow.
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0:36.0 | Hi there, Charlotte here with a little bonus podcast episode. |
0:39.5 | This week we're dedicating our program to one of our heroes. Social scientist Daniel |
0:44.8 | Kahneman who has died at the age of 90. We thought you might like to hear our |
0:49.5 | full interview with Danny from back in 2012 when Tim Harvard spoke to him about his new book at the time |
0:55.8 | thinking fast and slow. |
0:58.4 | I will tell you about a city in which two taxi companies operate and one of the companies has |
1:06.7 | operates green cars and the other operates blue cars. This is more or less I'm Tim |
1:11.7 | Harford and you're listening to Daniel Carnaman, a psychologist who won the Nobel Prize for economics. |
1:18.0 | 85% of the cars are green and 15% blue. |
1:24.8 | Another was a hit and run accident at night, clearly involved a taxi. |
1:29.2 | And there was a witness who thought that the car was blue, belonged to the minority company. |
1:37.0 | And they tested the accuracy of the witness, |
1:40.0 | and they found that under similar conditions when you show the witness an equal number of cabs, |
1:46.8 | the witness was accurate 80% of the time. |
1:50.9 | Now what is your probability that the cab in question was blue, as the witness said, when |
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