"This point has been examined by behavioral economics pioneers [[Daniel Kahneman]] and [[Amos Tversky]] with regard to the choices people make in selecting risky medical treatments—I myself have seen it in my being extremely lax in the area of detection and prevention (i.e., **I refuse to derive my risks from the probabilities computed on others, feeling that I am somewhat special**) yet extremely aggressive in the treatment of medical conditions (I overreact when I am burned), **which is not coherent with rational behavior under uncertainty**. This congenital denigration of the experience of others is not limited to children or to people like myself; it affects business decision makers and investors on a grand scale." --- **Tags** -- [[quotes]], [[making-decisions]], [[emotions]], [[self-selection-bias]], [[self-serving-bias]] **Source** -- [[202410121132 - B - Fooled by Randomness]]