Behavioural economics: Difference between revisions

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 ===Lean manufacture===
+*Are there [[waste]]s in our process
 *[[Seven wastes of negotiation]]
 ===Great dogmas===
 *[[Data will make us redundant]]
+:*Signal to noise ratio?
+:*Derivatives
 *[[This time it is different]]
+*[[We have banished risk]]
 ===Machines versus humans===
+*Have we got the division of labour right?
+*Machine - Digital
+:*Replicable, cheap, free, value  zero.
+:*Ultimate fidelity
+:*Fast
+:*Algorithmic: ''will'' work. Needs no supervision
+:*Rules
+:*Deterministic
+:*Literal
+:*Data-dependent
+*Human
+:*Analog
+:*Error-prone
+:*Heuristic: ''might'' work: Needs supervision
+:*Slow
+:*Ambiguous
+:*Metaphorical
+:*Evaluation
+*Triage versus redundancy
+:*You ''can'' strip a deterministic process out of a messy human one
+:*You ''can't'' force the genuinely intractable analog to the digital