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NFL Review Of Betting Losses The Hawthorne Effect
Hawthrone Effect what ever you track and measure you improve performance by 10 to 20% In this conversation I @josuevizcay discuss various themes including reflections on past experiences, the Hawthorne Effect in sports betting, and the importance of long-term thinking in business and life. He emphasizes the lessons learned from losses, the significance of tracking performance, and the philosophical approach to making a meaningful life through giving. The Hawthorne effect is a behavioral phenomenon where individuals change their behavior because they are aware they are being observed, often leading to improved performance or modified actions. Named after studies at the Hawthorne Works in the 1920s, this effect occurs as people conform to perceived expectations of the observer, which can skew research data and undermine a study's validity by not reflecting natural behavior. How it works Awareness of Observation: People modify their behavior when they know they are being watched or are part of a study. Increased Effort: This awareness can lead to individuals trying harder or performing better, sometimes to meet perceived expectations. Observer Bias: The attention itself, rather than the actual experimental changes, can be the cause of the behavioral shift, acting as a form of bias in research. Origin of the Term The term comes from a series of studies conducted at the Western Electric Hawthorne plant in Cicero, Illinois, in the early 20th century. Researchers found that worker productivity increased regardless of changes in working conditions, leading them to conclude that the workers' responses were due to the attention they received during the experiments.
Published on 3 months, 3 weeks ago