In Essence, The Optimistic Style Involves Taking

Doubts Are Suppressed By Groups... But Remember That The Internal Incentives That Shape How The Group Perceives Risks And Rewards May Be Very Different From The Reality Of The Risks And Rewards In The External Marketplace. Those Incentives Can Distort Risk Perception.

We Have A Very Narrow View Of What Is Going On.

The Concept Of Loss Aversion Is Certainly The Most Significant Contribution Of Psychology To Behavioral Economics.

In Strategic Decisions, I'd Be Really Concerned About Overconfidence.

Groups Tend To Be More Extreme Than Individuals.