I've been really enjoying the Naturalistic Decision Making podcasts over at anchor.fm/ndmpodcast
For those who don't know, NDM is a branch of judgment and decision making that *embraces* the power of heuristics, and looks for ways to strengthen it.
For those who don't know, NDM is a branch of judgment and decision making that *embraces* the power of heuristics, and looks for ways to strengthen it.
It's a bit more than that, of course.
For instance, it focuses on decision making in the real world, as opposed to those in the lab (which the cognitive biases tradition tends to favour). And unlike more mainstream approaches, it doesn't attempt to fight cognitive biases.
For instance, it focuses on decision making in the real world, as opposed to those in the lab (which the cognitive biases tradition tends to favour). And unlike more mainstream approaches, it doesn't attempt to fight cognitive biases.
And it turns up in all sorts of interesting places. Nasdaq, for instance, uses NDM techniques to tease out how expert compliance officers are able to detect rogue trading on their platform, and then uses those insights to design better interfaces for all their officers.
I should probably do a longer thread/essay at some point. NDM is full of practical ideas to try in one's life/career, and it doesn't seem to enjoy as much fame as the more famous cognitive biases tradition.
Which is a shame for 2 reasons:
1. NDM-derived techniques are easier to use, because they lean into how our brain naturally works (heuristics!)
2. There are few good interventions in the cognitive biases paradigm, because they fight against how our brains naturally work.
1. NDM-derived techniques are easier to use, because they lean into how our brain naturally works (heuristics!)
2. There are few good interventions in the cognitive biases paradigm, because they fight against how our brains naturally work.
(Yes, people who make these long lists of cognitive biases and stuff their spaced repetition software with biases to memorise aren't likely to be helped by any of it — you either have the genetics to overcome your heuristics or you don't. Training helps a little, but not enough.)
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