When we share leadership, we’re all a heck of a lot smarter, more nimble and more capable in the long run, especially when that long run is fraught with unknown and unforeseen challenges.
(Source: Fast Company)
The Ultimatum Game
“The Ultimatum Game has been pointed to as a way of showing that humans are economically irrational. Why do people reject an offer of 25% of the total pot? If the pot is $100 then they are choosing between getting $25 or nothing at all. So why do they choose nothing at all?
The answer seems to be that people generally find offers below 30% to be insulting. It’s insulting that the other person should suggest such a derisory sum, even when it’s free money. So they prefer to have nothing and punish the other person’s greed. And remember the other person is losing $75 in this case whereas I’m only losing $25.
To the economist what players in the simplest version of this game are forgetting is that it’s a one-shot deal. It doesn’t matter if you aren’t fair, because the other person can’t get back at you. All you need to do is work out the minimum offer that’s likely to be accepted.
So really what the Ultimatum game is showing is that most people act fairly, or at least want others to see them acting in a fair way. In addition, any unfair behaviour is punished by the recipient of the offer.”
(Source: spring.org.uk)
A Compliment Made My Day
I introduced myself to the CMO for the first time. When he realized who I was, this was his response:
“Oh you’re Analee! Oh my god, I finally met you. I can die happy now.”
All I could do was grin at this kind man.
Illusion of Knowledge
“The people who were wrong continue to work because they provide you with an illusion of knowledge, a belief that the market can be understood by one person, and that person’s understanding can become your understanding. They continue to claim insight into chaotic, impossibly complex nebulae of shifting data, and they continue to profess powers of divination even though research shows they are slightly less reliable than a coin toss. They can still get paid to squawk because they continue to make their claims with confidence. No one wants a sage who deals in maybes.
The illusion of knowledge is believing familiarity is the same as wisdom. You’ve probably felt it when trying to do something like fix a sink or explain to a child how taco shells are made. Just because you’ve become familiar with the operation and function of a thing doesn’t mean you truly understand how it works. For most of life, your understanding is only of the surface, the visible aspects that allow for a reasonable level of prediction. If you were teleported back to medieval times and placed outside a castle, what understanding could you offer those people from your own time?”
(Source: soundcloud.com)
[Flash 9 is required to listen to audio.]
The Sweetest Taboo (Cooleejeff Remix) by Sade.
Such a cool remix for a cool lady.
You can’t tame a wild thing. You can’t trust a wild thing… Wild creatures have their own rules, their own reasons, and you’ll never know them.
I assure you, my fireworks are a spectacle.
"Cento" Copyright © Andrew Brinker 2011.
