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Quote by Naved Abdali

“Human behavior and information bias play a huge role in transaction prices. It creates short-term opportunities that can be exploited.”

Quote by Naved Abdali

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Naved Abdali

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“Pilots used to fly planes manually, but now they operate a dashboard with the help of computers. This has made flying safer and improved the industry. Healthcare can benefit from the same type of approach, with physicians practicing medicine with the help of data, dashboards, and AI. This will improve the quality of care they provide and make their jobs easier and more efficient”

MedicalSurgeryCognitive BiasesPharmaceuticalsGenomicsAi SolutionsAi ApplicationsCognitive RoboticsMedical InsightsMedical Techniques
Book:AI Doctor: The Rise of Artificial Intelligence in Healthcare - A Guide for Users, Buyers, Builders, and Investors
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“Biases continuously try to keep us from recognizing and understanding those biases. For example, racial biases keep us from understanding racial discrimination, just like religious biases keep us from understanding religious discrimination and cultural biases keep us from understanding the inhuman habits in our cultural traditions.”

PsychologyPerceptionRacismDiscriminationNeuroscienceStereotypesBiasesCognitive BiasesImplicit BiasImplicit Biases
Book:Earthquakin' Egalitarian: I Die Everyday So Your Children Can Live
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“Sociologist Barry Glassner (1999) has documented many of the biases introduced by “If it bleeds, it leads” news reporting, and by the strategic efforts of special interest groups to control the agenda of public fear of crime, disease, and other hazards. Is an increase of approximately 700 incidents in 50 states over 7 years an “epidemic” of road rage? Is it conceivable that there is (or ever was) a crisis in children’s day care stemming from predatory satanic cults? In 1994, a research team funded by the U.S. government spent 4 years and $750,000 to reach the conclusion that the myth of satanic conspiracies in day care centers was totally unfounded; not a single verified instance was found (Goodman, Qin, Bottoms, & Shaver, 1994; Nathan & Snedeker, 1995). Are automatic-weapon-toting high school students really the first priority in youth safety? (In 1999, approximately 2,000 school-aged children were identified as murder victims; only 26 of those died in school settings, 14 of them in one tragic incident at Columbine High School in Littleton, Colorado.) The anthropologist Mary Douglas (Douglas & Wildavsky, 1982) pointed out that every culture has a store of exaggerated horrors, many of them promoted by special interest factions or to defend cultural ideologies. For example, impure water had been a hazard in 14th-century Europe, but only after Jews were accused of poisoning wells did the citizenry become preoccupied with it as a major problem. But the original news reports are not always ill-motivated. We all tend to code and mention characteristics that are unusual (that occur infrequently). [...] The result is that the frequencies of these distinctive characteristics, among the class of people considered, tend to be overestimated.”

NewsJournalismBiasesIdeologiesCognitive Biases
Book:Rational Choice in an Uncertain World: The Psychology of Judgement and Decision Making
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“Yes, it is difficult to believe that we are not entirely rational in our daily decisions and actions. However, by admitting that we are biased, realizing that we should question our choices, and stepping outside of our comfort zone, we are able to open up our eyes to a whole new horizon.”

Inspirational QuotesComfort ZoneOverlookingBehavioral EconomicsBranding MarketingCognitive BiasesBehavioral ScienceDecsions
Book:The Brand Dependence Model: Identify & Mitigate Your Danger Blocks
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