Dance with Chance: Making Luck Work for You - Softcover

Makridakis, Spyros G.; Gaba, Anil; Hogarth, Robin

 
9781851686537: Dance with Chance: Making Luck Work for You

Synopsis

9/11 saw the deaths of almost 3,000 people. However, an additional 5,000 US citizens died in the subsequent year as a direct result. These weren't killed by terrorists and they weren't war casualties. They were killed in car accidents caused by the shift to road travel from the relative safety of planes. This is a classic example of 'the illusion of control' with devastating consequences. We don't like uncertainty, and we don't know how to deal with it. So, we pretend that we can outwit it. Dance with Chance; explores how luck operates in all aspects of human endeavour. It is a gripping tale of how even experts misread the role of chance - from the stock market to doctors' surgeries - it examines the limits of predictability and demonstrates how, by abandoning the illusion of control, we can regain power over our future. From warning against health screenings to invaluable investment strategies, "Dance with Chance" is revolutionary. It not only provides fascinating analysis, but also the practical advice needed to leave you healthier, happier, wealthier and more successful.

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About the Author

Spyros Makridakis is Professor Emeritus at INSEAD, France and Singapore, the World’s second largest business school, and a former Greek Olympian. Robin M. Hogarth is ICREA Research Professor at Universitat Pompeu Fabra, Spain. He was formerly a professor at the University of Chicago’s Graduate School of Business. Anil Gaba is the ORPAR Chaired Professor of Risk Management and Dean of Faculty at INSEAD, France and Singapore.

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