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Dance with chance: making luck work for you

Author: Makridakis, Spyros ; Hogarth, Robin M. ; Gaba, AnilINSEAD Area: Decision SciencesPublisher: Oneworld Publications 2009.Language: EnglishDescription: 287 p. : Graphs/Ill. ; 24 cm.ISBN: 9781851686797 ; 9781851686537 ; 9781851687206 ; 9781780740140 (eBook)Type of document: INSEAD Book Online Access: Click here Note: http://www.dancewithchance.com/ Doriot: for 2013-2014 coursesBibliography/Index: Includes bibliographical references and indexAbstract: The first part of the book looks at the limits of predictability in three vitally important areas of life: medicine, investments, and business. It reveals examples of the paradox of control and offers suggestions about how to reap benefits from uncertainty. The second part of the book elaborates on the examples of the first part to provide a framework for managing uncertainty and making luck work for you. The third part extends this framework by examining the apparent contradictions in our mental capacities and the pros and cons of different ways of making decisions. Finally, the last chapter of the book deals with the slippery concept of happiness. Is it any more predictable than other aspects of life? Why are some people and groups of people happier than others? Can we control our own happiness? One thing is for sure, a happy ending is only possible if you first understand when to Dance with Chance.
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http://www.dancewithchance.com/
Doriot: for 2013-2014 courses

Includes bibliographical references and index

The first part of the book looks at the limits of predictability in three vitally important areas of life: medicine, investments, and business. It reveals examples of the paradox of control and offers suggestions about how to reap benefits from uncertainty.
The second part of the book elaborates on the examples of the first part to provide a framework for managing uncertainty and making luck work for you.
The third part extends this framework by examining the apparent contradictions in our mental capacities and the pros and cons of different ways of making decisions.
Finally, the last chapter of the book deals with the slippery concept of happiness. Is it any more predictable than other aspects of life? Why are some people and groups of people happier than others? Can we control our own happiness?
One thing is for sure, a happy ending is only possible if you first understand when to Dance with Chance.

Digitized

Dance with Chance Making Luck Work for You Contents Acknowledgments Preface Illustrations vii viii xiii 1 2 3 4 5 6 7 8 9 10 11 12 13 Three wishes from a genie The ills of pills Getting the right medicine The chatter of money Watering your money plant Lessons from gurus Creative destruction Does God play dice? Past or future Of subways and coconuts: two types of uncertainty Genius or fallible? The inevitability of decisions Happiness, happiness, happiness 1 13 32 48 70 89 11 l 132 153 177 196 213 233 254 260 261 267 281 Conclusion Appendix A Appendix B Endnotes Index

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