Project Sherlock

Thinking & Personal Effectiveness

Decision Making

Choosing well under uncertainty and time pressure.

11 topics · 15 curated works

Topics

Reading in Decision Making

15

A way in

  1. Start here

    No prior grounding assumed.

    That Which Is Seen, and That Which Is Not Seen

    Frédéric Bastiat · 1850

    Argues that most error in judging a decision or a policy comes from weighing only its immediate, visible effect and ignoring the less visible effects…

    +3 more at this level

  2. Then

    Assumes you know the vocabulary.

    Pensées

    Blaise Pascal · 1670

    Argues that believing in God is the rational wager even under total uncertainty, because the expected loss from wrongly believing is finite while the…

    +7 more at this level

  3. Go deeper

    Primary sources and full treatments.

    Exposition of a New Theory on the Measurement of Risk

    Daniel Bernoulli · 1738

    Argues that a gain's value to a person diminishes with existing wealth, so it is expected utility rather than expected monetary value that a rational…

    +2 more at this level

12 of 15 works

Book1670

Pensées

Blaise Pascal

Argues that believing in God is the rational wager even under total uncertainty, because the expected loss from wrongly believing is finite while the expected loss from wrongly disbelieving is infinite.

link checked 17 Sept 2026
Paper1964

Decision Trees for Decision Making

John F. Magee

Introduces the decision tree as a way to lay out a sequence of choices and chance events explicitly, so a manager can see which uncertainties actually drive the expected value of a decision rather than guessing.

Paper1973

On the Psychology of Prediction

Amos Tversky & Daniel Kahneman

Shows that people predict outcomes by how well a description matches a stereotype rather than by the base rate of that outcome, so a vivid personality sketch overrides known statistical frequencies.

Paper1986

Rapid Decision Making on the Fireground

Gary Klein, Roberta Calderwood & Anne Clinton-Cirocco

Finds that experienced fire commanders rarely compare options at all under time pressure, but recognise a situation as a familiar pattern and act on the first workable response it suggests.

In order written

1670 – 2020
  1. 1670PenséesBlaise Pascal
  2. 1964Decision Trees for Decision MakingJohn F. Magee
  3. 1973On the Psychology of PredictionAmos Tversky & Daniel Kahneman
  4. 1974Environmental Preservation, Uncertainty, and IrreversibilityKenneth J. Arrow & Anthony C. Fisher
  5. 1986Rapid Decision Making on the FiregroundGary Klein, Roberta Calderwood & Anne Clinton-Cirocco
  6. 1989Back to the Future: Temporal Perspective in the Explanation of EventsDeborah J. Mitchell, J. Edward Russo & Nancy Pennington
  7. 1992Investment and HysteresisAvinash K. Dixit
  8. 2011Thinking, Fast and Slow at Talks at GoogleDaniel Kahneman (Talks at Google)
  9. 2020Long-Term Thinking in a Distracted WorldBina Venkataraman (The Long Now Foundation)

Also covered elsewhere

This subject genuinely sits in more than one domain. These fields approach the same ground with different methods.

Elsewhere in Thinking & Personal Effectiveness