Nobel laureate Daniel Kahneman on mechanisms that distort our decisions “In short, political positions can be like songs, in the sense that what ultimately becomes of them can depend on their initial popularity. As the researchers themselves wrote, ‘random fluctuations among a small number of pioneers’ in larger groups can cause a sudden shift in opinion – and for example, cause both Republicans and Democrats to identify with a bundle of views that essentially have nothing in common.” – Daniel Kahneman (Nobel laureate in economics), Olivier Sibony and Cass R. Sunstein in their book “Noise – What distorts our decisions – and how we can improve them”, Siedler Verlag
Nobel laureate Daniel Kahneman on mechanisms that distort our decisions
You are here: Home1 / Unkategorisiert2 / Nobel laureate Daniel Kahneman on mechanisms that distort our decision...
Free expert knowledge on pricing delivered to your inbox regularly
Pricing Seminar with Prof. Riekhof
As a participant of the pricing seminar, you will:
- approach strategic pricing with a changed mindset and better assess the contribution of professional pricing to results.
- have a clear methodological framework with the RSEC model to better handle the complexity of pricing.
- develop concrete ideas for quick wins in pricing and assess their feasibility.
- create a reliable estimate of the performance improvement that can be achieved through a pricing project.