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People who make or implement public policy must often estimate probabilities, predict outcomes, and make decisions that affect the welfare, values, and lives of many others.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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simple majority scheme, gas main heating, bill sensitivity, reformulated gas, evaluability hypothesis, judgmental shortcuts, behavioral decision theory, wins scheme, biases tradition, cumulative prospect theory, affect heuristic, social amplification, omission bias, diminishing sensitivity, preference reversals, theoretic insights, comparative settings, relative bias, regret theory, behavioral law, base rate information, negative ads, intuitive scientists, conjunction fallacy
Key Phrases - Capitalized Phrases (CAPs):
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New York, United States, Journal of Risk, Cambridge University Press, High Bias, American Economic Review, Las Vegas, Psychological Review, Low Bias, Los Angeles, San Diego, American Political Science Review, University of Chicago Press, Harvard University Press, New Jersey, Ben Cone, May-June July-Oct, Quarterly Journal of Economics, Variable Feb, Oxford University Press, Princeton University Press, San Francisco, United Nations, Journal of Experimental Psychology, Environmental Protection Agency
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