Humans are notoriously bad at understanding probability – and as a consequence make bad, unreasonable decisions, both in experiments and in real life. When you’re in a hospital, you better hope your doctor knows a thing or two about probability. This excellent piece goes deep on the issue (and serves as a reminder that you should read Kahneman’s «Thinking, Fast and Slow» if you haven’t already).

From Weekly Filet #227, in February 2017.