Hi, Choiceology listeners. It's Katie. This is an encore presentation of an episode we first brought you back in March of 2020.

We're sharing it again to coincide with the release of the much-anticipated new book by one of the episode guests.

Nobel laureate Daniel Kahneman's book, Noise, A Flaw in Human Judgment, written with with Olivier Saboni and Kess R. Sunstein,

is out now, and we thought this would be a timely companion. Hope you enjoy.

It's been two years since a devastating wildfire rolled through this valley town.

Many homeowners are still waiting on insurance settlements.

Lawyer Sam Barber is working on dozens of unresolved cases.

It's the inconsistency that bothers me the most.

You'll have neighbors whose homes are right next to each other.

They've suffered the exact same damage, but they're treated totally differently by the insurance adjusters. A California Department of Insurance spokesperson says the vast majority of...

That scenario, which is based on a true story, isn't uncommon.

Floods, earthquakes, fires, and other natural disasters can damage your house and your neighbor's house in equal measure.

But the insurance settlements can vary dramatically, even when neighbors have similar homes,

similar damage, and even identical insurance policies.

In this episode of Choiceology, we'll dive into a phenomenon that has major implications for homeowners.

Several small earthquakes rattle the nerves of Seattle residents.

The world of sports.

Meanwhile, the International Skating Union has tweaked its figure skating judging criteria.

And even the complex world of wine.

It's also the topic of Daniel Kahneman's upcoming book. I'll speak with him later

in the episode about his current preoccupation with noise in decision-making. I'm Dr. Katie

Milkman, and this is Choiceology, an original podcast from Charles Schwab.

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