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Podcast: Problem Solvers
Episode:

How to Make Better Decisions, According to Science

Category: Business
Duration: 00:20:24
Publish Date: 2024-08-12 07:00:00
Description:

Entrepreneurs make a mistake: They often think of decisions as binary, where one answer is definitely right and the other is definitely wrong. Astrophysicist Saul Perlmutter says there's a better way to approach decisions — and it's with "probabilistic thinking," a concept that's familiar to scientists but less so to businesspeople. Today, he explains. Saul also writes about this in his new book Third Millennium Thinking.

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