Posts Tagged ‘Law of Small Numbers’
How Myths Are Formed! The Law Of Small Numbers & Market Research
Friday, May 11, 2012, 10:08 am 9 CommentsMuch of the attention given to Daniel Kahneman’s book Thinking, fast and slow has been about how people make decisions and the implications for models of consumer behavior. However, the book also points out that researchers have their own bias – the law of small numbers! Is this bias to blame for many modern day myths? Continue reading




































