DC Public Library System

The importance of small decisions, Michael J. O'Brien, R. Alexander Bentley, and William A. Brock ; foreword by John Maeda

Label
The importance of small decisions, Michael J. O'Brien, R. Alexander Bentley, and William A. Brock ; foreword by John Maeda
Language
eng
Bibliography note
Includes bibliographical references (pages 117-131) and index
Illustrations
illustrations
Index
index present
Literary Form
non fiction
Main title
The importance of small decisions
Nature of contents
bibliography
Oclc number
1055567827
Responsibility statement
Michael J. O'Brien, R. Alexander Bentley, and William A. Brock ; foreword by John Maeda
Series statement
Simplicity: design, technology, business, life
Summary
Humans originally evolved in a world of few choices. Prehistoric, preindustrial, and predigital eras required fewer decisions than today's all-access, always-on world of too much information. Economists have largely discarded the idea that agents act rationally and the market follows suit. It seems that no matter how small or innocuous a decision might seem, there's almost no way to guess the effect it might have. The authors of The Importance of Small Decisions view decisions and their outcomes from a different perspective: as key elements in the evolution of culture. In this trailblazing book, they examine different kinds of decisions and map the outcomes, both short- and long-term. Drawing on this, they introduce a map of social behavior that captures the essential elements of human decision-making. The authors look at the New England Patriots' decision in 2000 to draft an underachieving college quarterback named Tom Brady; they consider Warren Buffett's investment strategy; and they chart the "dancing landscape" of a college applicant's decision-making environment. Finally, they show that decisions can be ranked according to transparency of choice and social influence. When fake news seems indistinguishable from real news and when the internet offers a cacophony of voices, they warn, we can't afford to crowdsource our decisions. -- Provided by publisher
Table Of Contents
Foreword / by John Maeda -- Preface : in Judge Ito's courtroom -- Cultural evolution : small changes in the aggregate -- Getting our terms straight -- Teams and fitness -- How do we learn? -- Dancing landscapes and the red queen -- A map in four parts -- Risky business -- Life in the southeast
Classification
Content
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