The “drunkard’s walk” refers to the Brownian motion, the seemingly random movement of particles suspended in a fluid. The original thought was that you might be able to calculate the movement by measuring and calculating the interaction. It proved impossible. There are too many factors and too many interactions. Small changes in a system can [...]
Tag Archives: Leonard Mlodinow
The Drunkard’s Walk, The Butterfly Effect and The Black Swan
on January 21, 2010 in Book reviews, Enterprise Risk Management
Criticism and Praise
on November 18, 2009 in Book reviews, Compliance Programs, Enterprise 2.0
Do criticism and praise work to affect performance? Leonard Mlodinow briefly addressed this topic in The Drunkard’s Walk: How Randomness Rules Our Lives. He explores the studies of Daniel Kahneman who was lecturing the Israeli air force flight instructors on behavior modification. Kahneman was trying to make the point that rewarding positive behavior works, but [...]
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