O'Reilly logo

Calculus of Thought by Daniel M Rice

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 8

Let Us Calculate

Abstract

This chapter presents a review and an overview of the concepts that are the basis of this book. It reviewed how Kahneman's research on how cognitive bias corrupts decisions, along with evidence that predictive models can more problems not only because of this cognitive bias but also because they are determined by the accidents of data samples. Final closing remarks were made about how RELR is really designed to overcome these dual problems in cognitive bias and data error and bias in predictive modeling to ensure better data-driven inputs to decisions.

Keywords

Decision bias; Decision maker; Kolmogorov complexity; Minimum description length; Mutual information

“The only way to rectify our reasonings is to make them ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required