Thursday, March 29, 2018

Reward . . .


(from The Undoing Project: A Friendship That. . . . by Michael Lewis)
". . . Statistics wasn't just boring numbers; it contained ideas that allowed you to glimpse deep truths about human life. "Because we tend to reward others when they do well and punish them when they do badly, and because there is regression to the mean," Danny later wrote, "it is part of the human condition that we are statistically punished for rewarding others and rewarded for punishing them.". . . "




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