The Locked Door and Monkey See, Monkey Do - PowerPoint PPT Presentation

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The Locked Door and Monkey See, Monkey Do

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Getting That '6th Sense' with Blue (good) & Red (bad) Decks of Cards ... or casinos or voting systems) e.g., plank roads (8 vs. 4 years durability) ... – PowerPoint PPT presentation

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Title: The Locked Door and Monkey See, Monkey Do


1
The Locked Door and Monkey See, Monkey Do
2
The Locked Door The Secret Life of Snap Decisions
  • Primed for Action Scrambled Sentences
  • (1) aggressively, bold, rude, bother, disturb
  • intrude, infringe
  • (2) respect, considerate, appreciate, patiently,
  • yield, polite, courteous
  • Steel Aronsons Stereotype Threat
  • Race identification and educational performance

3
Getting That 6th Sense with Blue (good) Red
(bad) Decks of Cards
4
The Wisdom of Crowds Independence
  • finding the party on Friday
  • and Saturday nights and the
  • herds of UR students
  • wandering around campus in
  • something of a circular mill
  • herding and NFL coaches 4th down decisions
  • imitation and social proof
  • e.g., Milgrams staring into the empty sky
    experiment
  • crowd sizes and responses
  • ( 1 person tiny fraction of public)
  • ( 5 persons 4 times as many)
  • (15 persons 45 stopped and stared)
  • (20 persons 80 stopped and stared)

5
The Wisdom of Crowds Independence
  • information cascades
  • (aggregate information like the Stock Market
  • or casinos or voting systems)
  • e.g., plank roads (8 vs. 4 years durability)
  • e.g., telecoms and 1,000 annual growth
  • good information cascades
  • e.g., the humble screw
  • Collective decisions are most likely to be good
    ones when theyre made by people with diverse
    opinions reaching independent, non-sequential
    conclusions, relying primarily on their own
    private information.

6
Speed-Dating, the Storytelling Problem, and Group
Decision-Making
  • Task
  • (1.) break into teams of 2 students
  • (2.) come up with 1 question of your own that you
    would want to ask everyone you met in a
    speed-dating scenario
  • (3.) come up with 1 more question for your
    teammate, based on their personality, which you
    think they should also ask
  • (4.) as a team, pick your 2 favorite questions
    (from your 4)
  • (5.) vote as a class (crowd) on the 6 favorite
    questions
  • (6.) try to come up with reasons for your
    preferences/votes
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