Randomness

WE HATE RANDOMNESS

and will delete it every chance we get.

Illusions of control frequently cause us to repeat actions that in the past were followed by success, even if there’s no reason to believe the actions did anything to cause that success.

-Russo and Schoemaker-

Previous slide

Next slide

Back to first slide

View graphic version

We hate randomness. If we can’t assign credit, maybe we can assign blame. These are not always, but often, ILLUSIONS of control and block learning.