The Flaw of Averages: Why We Underestimate Risk in the Face of Uncertainty by Jeff Danziger, Sam L. Savage

The Flaw of Averages: Why We Underestimate Risk in the Face of Uncertainty

Jeff Danziger, Sam L. Savage

392 pages • first pub 2009 (editions)

nonfiction business mathematics science challenging informative slow-paced
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A must-read for anyone who makes business decisions that have a major financial impact. As the recent collapse on Wall Street shows, we are often ill-equipped to deal with uncertainty and risk. Yet every day we base our personal and business plans...

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