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SH108: How Much Are You Willing to Risk?
Published 1 year, 6 months ago
Description
In this episode, we explore the parallels between decision-making in diving and the concepts from Daniel Kahneman's "Thinking, Fast and Slow." The discussion focuses on how divers often face tough choices when equipment malfunctions, similar to the mixed gambles described in the book. While staying on the boat may seem like the safe choice, the fear of missing a dive can lead to riskier decisions, driven by loss aversion and regret. We emphasize the importance of using logical, System 2 thinking in these situations and considering the potential consequences of your choices.
Original blog: https://www.thehumandiver.com/blog/how-much-are-you-willing-to-risk
Tags: English, Diving, Gareth Lock, Human Factors, Risk Safety