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Everything we know is wrong

Presented by Pat Leach – CEO, Decision Strategies & SDP Fellow 
(SDP Webinar - Invited Talk)

All of the logic, intuition, and metrics humans have for making decisions were developed during a time when resources were abundant, human populations were relatively small, and we could afford to focus on maximizing returns today because tomorrow always held new frontiers filled with limitless riches. We were far too wise to repeat the mistakes of the Anasazi, the Norse Greenlanders, or the Easter Islanders; Adam Smith’s "invisible hand” would assure that resources were used efficiently and wisely, that self-destructive behaviors would be weeded out and halted.

Click on the file below to hear a sample of the presentation.  

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Keywords: framing framestruc, economics, objectives, discounting

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