GROUP DISCUSSION
Chapter 14:
In this group, we feel like we have not neglected base rates in our academical career, as we have chosen a path that has lots of outcomes, compared to being a musician or an actor for instance
Chapter 12 :
An example of availability heuristic is if several of your school friends in the last year come from the same place, you will believe there are more and more people coming from this place, even though this could just be random.
Another example would be terrorism. As in France we have been struck in this last decade, we feel like terrorism has increased lately, whereas it hasn’t, the thing is that terrorism was just further away from us before.
I agree that business school is a way of keeping options open often, but it might be interesting nevertheless to check out our perceptions, e.g. look up how many school graduates actually go work in control & audit vs. startups and so on.
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