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Monday, November 7, 2016

Daniel Kahneman - Nobel Lecture - Nobelprize.org

Daniel Kahneman - Nobel Lecture - Nobelprize.org
http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2002/kahnemann-lecture.pdf

Operations of humans:
perception -> intuition (intuitive judgment) -> reasoning


Humans' bounded rationality: Humans make decisions by limited abilities of perception and reasoning.
(bounded rationality ≠ irrationality

1. Changes matter; states don't. (short-sighted)
2. Averages matters even when you have to sum up.

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Deep Learning (Regression, Multiple Features/Explanatory Variables, Supervised Learning): Impelementation and Showing Biases and Weights

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