#36 - Dan Levy and Richard Zeckhauser

We are joined by Harvard Kennedy School business professors Dan Levy and Richard Zeckhauser to talk about decision making and their latest book, "Maxims for Thinking Analytically".  End of the day, if you can think more analytically, it will enable you to understand the world around you and make better decisions.   During our Chat with Dan and Richard, we discuss the interesting topic of "Decision Making" and touch on: • How does it help to leverage both extreme cases and simple cases when it comes to decision-making?  How do we need to avoid taking refuge in complexity?   • How should some of these core decision making skills be utilized to make important decisions such as those surrounding tariffs?  How can we use these skills to order dinner at a restaurant?  We look at both ends of the spectrum.  • For the football fans out there, we ask Dan and Richard the critical question which arose from Super Bowl 49 when the Seattle Seahawks famously through a late interception which costed them the game to the New England Patriots... Should Pete Carroll have handed off the ball to star running back Marshawn Lynch?  Alternatively, was the decision to pass perhaps a good decision that resulted in a bad outcome? I hope everyone enjoys the "CSI Chat" with Dan and Richard.