Overconfidence and War

Overconfidence and War
Author :
Publisher : Harvard University Press
Total Pages : 289
Release :
ISBN-10 : 9780674039162
ISBN-13 : 0674039165
Rating : 4/5 (62 Downloads)

Synopsis Overconfidence and War by : Dominic D. P. Johnson

Opponents rarely go to war without thinking they can win--and clearly, one side must be wrong. This conundrum lies at the heart of the so-called "war puzzle": rational states should agree on their differences in power and thus not fight. But as Dominic Johnson argues in Overconfidence and War, states are no more rational than people, who are susceptible to exaggerated ideas of their own virtue, of their ability to control events, and of the future. By looking at this bias--called "positive illusions"--as it figures in evolutionary biology, psychology, and the politics of international conflict, this book offers compelling insights into why states wage war. Johnson traces the effects of positive illusions on four turning points in twentieth-century history: two that erupted into war (World War I and Vietnam); and two that did not (the Munich crisis and the Cuban missile crisis). Examining the two wars, he shows how positive illusions have filtered into politics, causing leaders to overestimate themselves and underestimate their adversaries--and to resort to violence to settle a conflict against unreasonable odds. In the Munich and Cuban missile crises, he shows how lessening positive illusions may allow leaders to pursue peaceful solutions. The human tendency toward overconfidence may have been favored by natural selection throughout our evolutionary history because of the advantages it conferred--heightening combat performance or improving one's ability to bluff an opponent. And yet, as this book suggests--and as the recent conflict in Iraq bears out--in the modern world the consequences of this evolutionary legacy are potentially deadly.

Overconfident

Overconfident
Author :
Publisher : World Bank Publications
Total Pages : 76
Release :
ISBN-10 : 9781464817984
ISBN-13 : 1464817987
Rating : 4/5 (84 Downloads)

Synopsis Overconfident by : Roberta Gatti

Overconfident: How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID This report examines the region’s economic prospects in 2021, forecasting that the recovery will be both tenuous and uneven as per capita GDP level stays below pre-pandemic levels. COVID-19 was a stress-test for the region’s public health systems, which were already overwhelmed even before the pandemic. Indeed, a decade of lackluster economic reforms left a legacy of large public sectors and high public debt that effectively crowded out investments in social services such as public health. This edition points out that the region’s health systems were not only ill-prepared for the pandemic, but suffered from over-confidence, as authorities painted an overly optimistic picture in self-assessments of health system preparedness. Going forward, governments must improve data transparency for public health and undertake reforms to remedy historical underinvestment in public health systems.

Perfectly Confident

Perfectly Confident
Author :
Publisher : HarperCollins
Total Pages : 272
Release :
ISBN-10 : 9780062887771
ISBN-13 : 0062887777
Rating : 4/5 (71 Downloads)

Synopsis Perfectly Confident by : Don A. Moore

An expert on the psychology of decision making at Berkeley’s Haas School of Business helps readers calibrate their confidence, arguing that some confidence is good, but overconfidence can hinder growth. A surge of confidence can feel fantastic—offering a rush of energy, even a dazzling vision of the future. It can give us courage and bolster our determination when facing adversity. But if that self-assurance leads us to pursue impossible goals, it can waste time, money, and energy. Self-help books and motivational speakers tell us that the more confident we are, the better. But this way of thinking can lead to enormous trouble. Decades of research demonstrates that we often have an over-inflated sense of self and are rarely as good as we believe. Perfectly Confident is the first book to bring together the best psychological and economic studies to explain exactly what confidence is, when it can be helpful, and when it can be destructive in our lives. Confidence is an attitude that takes into account both personal feelings and the facts. Don Moore identifies the ways confidence behaves in real life and raises thought-provoking questions. How optimistic should you be about an uncertain future? What justifies your confidence in something amorphous and subjective like your attractiveness or sense of humor? Moore reminds us that the key to success is to avoid being both over- and under-confident. In this essential guide, he shows how to become perfectly confident—how to strive for and maintain the well-calibrated, adaptive confidence that can elevate all areas of our lives.

Managerial Overconfidence: Different Thinking through Different Education

Managerial Overconfidence: Different Thinking through Different Education
Author :
Publisher : Anchor Academic Publishing (aap_verlag)
Total Pages : 82
Release :
ISBN-10 : 9783954896288
ISBN-13 : 3954896281
Rating : 4/5 (88 Downloads)

Synopsis Managerial Overconfidence: Different Thinking through Different Education by : Maximilian Margolin

In literature, overconfidence has been blamed for economic bubbles and crises as well as for international conflicts and wars. While education has already been shown to impact one’s level of overconfidence previous research focused on the length and profoundness of education. This study, in contrast, examines the connection between overconfidence and the field in which a person has been educated. The issues covered are therefore how education and mind set are related, why a differentiation between “quantitative” and “qualitative” education makes sense in this context, and how different mind-sets influence an individual’s proneness to overconfidence. Drawing on the dual process concept of reasoning from psychology it is argued that the focus of one’s education may have an influence on individual levels of overconfidence through distinct ways of reasoning that are acquired and practiced during higher education. As support for this theory, data on the overconfidence of CEOs of the largest German companies is used and experiments for future research on this topic are suggested.

Introduction to Mixed Modelling

Introduction to Mixed Modelling
Author :
Publisher : John Wiley & Sons
Total Pages : 379
Release :
ISBN-10 : 9780470035962
ISBN-13 : 047003596X
Rating : 4/5 (62 Downloads)

Synopsis Introduction to Mixed Modelling by : N. W. Galwey

Mixed modelling is one of the most promising and exciting areas ofstatistical analysis, enabling more powerful interpretation of datathrough the recognition of random effects. However, many perceivemixed modelling as an intimidating and specialized technique. Thisbook introduces mixed modelling analysis in a simple andstraightforward way, allowing the reader to apply the techniqueconfidently in a wide range of situations. Introduction to Mixed Modelling shows that mixedmodelling is a natural extension of the more familiar statisticalmethods of regression analysis and analysis of variance. In doingso, it provides the ideal introduction to this importantstatistical technique for those engaged in the statistical analysisof data. This essential book: Demonstrates the power of mixed modelling in a wide range ofdisciplines, including industrial research, social sciences,genetics, clinical research, ecology and agriculturalresearch. Illustrates how the capabilities of regression analysis can becombined with those of ANOVA by the specification of a mixedmodel. Introduces the criterion of Restricted Maximum Likelihood(REML) for the fitting of a mixed model to data. Presents the application of mixed model analysis to a widerange of situations and explains how to obtain and interpret BestLinear Unbiased Predictors (BLUPs). Features a supplementary website containing solutions toexercises, further examples, and links to the computer softwaresystems GenStat and R. This book provides a comprehensive introduction to mixedmodelling, ideal for final year undergraduate students,postgraduate students and professional researchers alike. Readerswill come from a wide range of scientific disciplines includingstatistics, biology, bioinformatics, medicine, agriculture,engineering, economics, and social sciences.

How Confidence Works

How Confidence Works
Author :
Publisher : Random House
Total Pages : 320
Release :
ISBN-10 : 9781473579750
ISBN-13 : 1473579759
Rating : 4/5 (50 Downloads)

Synopsis How Confidence Works by : Ian Robertson

'Brilliant ... it will change how you think about confidence.' Johann Hari 'Important for everyone but crucial for women.' Mary Robinson 'Interesting and important.' Steven Pinker __________ Why do boys instinctively bullshit more than girls? How do economic recessions shape a generation's confidence? Can we have too much confidence and, if so, what are the consequences? Imagine we could discover something that could make us richer, healthier, longer-living, smarter, kinder, happier, more motivated and more innovative. Ridiculous, you might say... What is this elixir? Confidence. If you have it, it can empower you to reach heights you never thought possible. But if you don't, it can have a devastating effect on your future. Confidence lies at the core of what makes things happen. Exploring the science and neuroscience behind confidence that has emerged over the last decade, clinical psychologist and neuroscientist Professor Ian Robertson tells us how confidence plays out in our minds, our brains and indeed our bodies. He explains where it comes from and how it spreads - with extraordinary economic and political consequences. And why it's not necessarily something you are born with, but something that can be learned.

Overconfidence in SMEs

Overconfidence in SMEs
Author :
Publisher : Springer
Total Pages : 94
Release :
ISBN-10 : 9783319669205
ISBN-13 : 3319669206
Rating : 4/5 (05 Downloads)

Synopsis Overconfidence in SMEs by : Anna Invernizzi

This book presents a review of the role of overconfidence in small firms and explores how biased judgment and decision-making can affect business performance. Whilst the overconfidence construct has been studied in detail, there are no systematic reviews of its role in SMEs as of yet. Examining the decisions made by entrepreneurs, this study offers clear solutions on how to improve business accuracy, reduce disadvantageous investments and prevent bankruptcy. Providing an empirical analysis of overconfidence in the sport industry, this new book will not only be of interest to academics of entrepreneurship and small enterprises, but also to sport managers.

Getting Service Right

Getting Service Right
Author :
Publisher : Toister Performance Solutions
Total Pages : 219
Release :
ISBN-10 : 0578433362
ISBN-13 : 9780578433363
Rating : 4/5 (62 Downloads)

Synopsis Getting Service Right by : Jeff Toister

Are you endlessly trying to improve your employees' customer service skills, but getting so-so results? There may be a culprit that you've never considered.Rather than offering another set of customer service tips, Getting Service Right takes a novel approach by rooting out the real reasons employees don't consistently deliver the service they should. The results can be both surprising and illuminating, such as: Company cultures that unwittingly discourage excellent customer service.Employees torn between following policy or serving the customer.Cost reduction efforts that actually increase the cost of service.Poor products and services that make it impossible to satisfy customers.Bad habits that make it difficult to listen to customers' needs.Getting Service Right is filled with examples from well-known organizations, real stories from frontline employees, and the latest scientific research. These powerful, sometimes counterintuitive insights can be applied at the organizational, departmental, or individual level to help the entire team deliver outstanding customer service.Note: the first edition of this book was published under the title, Service Failure: The Real Reasons Employees Struggle with Customer Service and What You Can Do About I

Self-Knowledge for Humans

Self-Knowledge for Humans
Author :
Publisher : OUP Oxford
Total Pages : 256
Release :
ISBN-10 : 9780191039737
ISBN-13 : 019103973X
Rating : 4/5 (37 Downloads)

Synopsis Self-Knowledge for Humans by : Quassim Cassam

Human beings are not model epistemic citizens. Our reasoning can be careless and uncritical, and our beliefs, desires, and other attitudes aren't always as they ought rationally to be. Our beliefs can be eccentric, our desires irrational and our hopes hopelessly unrealistic. Our attitudes are influenced by a wide range of non-epistemic or non-rational factors, including our character, our emotions, and powerful unconscious biases. Yet we are rarely conscious of such influences. Self-ignorance is not something to which human beings are immune. In this book Quassim Cassam develops an account of self-knowledge which tries to do justice to these and other respects in which humans aren't model epistemic citizens. He rejects rationalist and other mainstream philosophical accounts of self-knowledge on the grounds that, in more than one sense, they aren't accounts of self-knowledge for humans. Instead he defends the view that inferences from behavioural and psychological evidence are a basic source of human self-knowledge. On this account, self-knowledge is a genuine cognitive achievement and self-ignorance is almost always on the cards. As well as explaining knowledge of our own states of mind, Cassam also accounts for what he calls 'substantial' self-knowledge, including knowledge of our values, emotions, and character. He criticizes philosophical accounts of self-knowledge for neglecting substantial self-knowledge, and concludes with a discussion of the value of self-knowledge. This book tries to do for philosophy what behavioural economics tries to do for economics. Just as behavioural economics is the economics of homo sapiens, as distinct from the economics of an ideally rational and self homo economics, so Cassam argues that philosophy should focus on the human predicament rather than on the reasoning and self-knowledge of an idealized homo philosophicus.

Uncaring

Uncaring
Author :
Publisher : PublicAffairs
Total Pages : 400
Release :
ISBN-10 : 9781541758254
ISBN-13 : 1541758250
Rating : 4/5 (54 Downloads)

Synopsis Uncaring by : Robert Pearl

Doctors are taught how to cure people. But they don’t always know how to care for them. Hardly anyone is happy with American healthcare these days. Patients are getting sicker and going bankrupt from medical bills. Doctors are burning out and making dangerous mistakes. Both parties blame our nation’s outdated and dysfunctional healthcare system. But that’s only part of the problem. In this important and timely book, Dr. Robert Pearl shines a light on the unseen and often toxic culture of medicine. Today’s physicians have a surprising disdain for technology, an unhealthy obsession with status, and an increasingly complicated relationship with their patients. All of this can be traced back to their earliest experiences in medical school, where doctors inherit a set of norms, beliefs, and expectations that shape almost every decision they make, with profound consequences for the rest of us. Uncaring draws an original and revealing portrait of what it’s actually like to be a doctor. It illuminates the complex and intimidating world of medicine for readers, and in the end offers a clear plan to save American healthcare.