Risk
Very small probabilities behave badly in the mind
· 3 min read
Risk
Probability in ordinary life, and the numbers people consistently misread.
20 articles · page 1 of 2
Risk
Absolute and relative risk describe the same event and feel nothing alike
A change expressed as a percentage of a percentage can sound alarming or trivial without either version being false, which makes knowing the difference a basic reading skill.
By Varun Krishnan · · 3 min read
Risk
A test that is right most of the time can still be mostly wrong
· 3 min read
Risk
Expected value stops being good advice when the loss is permanent
· 3 min read
Risk
Risk and uncertainty are not the same problem
· 4 min read
Risk
The best and worst performers are usually just the smallest ones
· 4 min read
Risk
Making something safer changes how people use it
· 4 min read
Risk
Risks that look independent tend to arrive together
· 3 min read
Risk
Two risks can’t be compared until they share a denominator
· 3 min read
Risk
The average outcome is often one that nobody actually gets
· 3 min read
Risk
Why the other queue moves faster and your friends have more friends
· 3 min read
Risk
Every alarm sets a trade between two kinds of error
· 3 min read