Nicholas Taleb in his book "Black Swan" argues similar ideas. As a former Wall Street trader, his thesis is that people making good decisions under uncertainty must have "skin in the game". I.e. quantitative modeling is insufficient . This suggests researchers can and should support the stakeholders who are the decision-makers.
Nicholas Taleb in his book "Black Swan" argues similar ideas. As a former Wall Street trader, his thesis is that people making good decisions under uncertainty must have "skin in the game". I.e. quantitative modeling is insufficient . This suggests researchers can and should support the stakeholders who are the decision-makers.