Have We All Lost Our Ability to Compromise? (NSQ Ep.40)
Also: is it better to be right or “not wrong”?
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Relevant Research & References
Here’s where you can learn more about the people and ideas in this episode:
- Christopher Peterson, late professor of psychology at the University of Michigan.
- Lee Ross, professor of psychology at Stanford University.
- Sam Maglio, associate professor of marketing and psychology at the University of Toronto.
- Charles Munger, vice chairman of Berkshire Hathaway.
- Warren Buffett, C.E.O. of Berkshire Hathaway.
- Martin Seligman, professor of psychology at the University of Pennsylvania.
- Colin F. Camerer, professor of behavioral finance and economics at the California Institute of Technology.
- Richard Thaler, Nobel Prize-winning economist.
- Steve Levitt, co-author of the Freakonomics books and host of People I (Mostly) Admire.
- Tobias Moskowitz, professor of finance at Yale University.
- Abraham Wald, late mathematician.
- “Admitting Mistakes,” by Sam Maglio (Character Lab, 2021).
- “From the Fundamental Attribution Error to the Truly Fundamental Attribution Error and Beyond: My Research Journey,” by Lee Ross (Perspectives on Psychological Science, 2018).
- “Yes, Flat-Earthers Really Do Exist,” by Glenn Branch and Craig A. Foster (Scientific American, 2018).
- “Science and Technology: Public Attitudes and Understanding,” by the National Science Board (2018).
- “A Call for Help,” by Nicholas Lemann (The New Yorker, 2014).
- How Not to Be Wrong: The Hidden Maths of Everyday Life, by Jordan Ellenberg (2014).
- “On the Virtue of Compromise,” by Christopher Peterson (Psychology Today, 2012).
- Scorecasting: The Hidden Influences Behind How Sports Are Played and Games Are Won, by L. Jon Wertheim and Tobias Moskowitz (2011).
- “The Probability That a Real-Estate Agent Is Cheating You (and Other Riddles of Modern Life),” by Stephen Dubner (The New York Times Magazine, 2003).
- “The Psychology of Human Misjudgment,” by Charlie Munger (1995).
- The Dred Scott Case: Its Significance in American Law and Politics, by Don E. Fehrenbacher (1978).