A Quote by Howard Raiffa

Most people, even in simple risky situations, don't behave the way the theory of utility would have them behave. — © Howard Raiffa
Most people, even in simple risky situations, don't behave the way the theory of utility would have them behave.
If I say [electrons] behave like particles I give the wrong impression; also if I say they behave like waves. They behave in their own inimitable way, which technically could be called a quantum mechanical way. They behave in a way that is like nothing that you have seen before.
There are different groups of people in your life that you behave slightly differently with. You behave one way with your family. You behave in a different way with your work colleagues. You behave differently with your friends from the movie club, your fitness instructor - all subtly different personas.
Game theory, however, deals only with the way in which ultrasmart, all knowing people should behave in competitive situations, and has little to say to Mr. X as he confronts the morass of his problem.
Then I fall asleep with a stupid feeling of wishing to be different from what I am or from what I want to be; perhaps to behave differently from the way I want to behave or do behave.
I'm very obsessed with the energy of New York and the idea of the way people behave in the city versus the way they behave in a natural environment.
People in distress behave in a stressful way. They aren't all sweetness and light. They don't behave well when they are unhappy. That's just what I've observed.
Success is absolutely intoxicating. I've seen people behave in ways that seem very far from how they would behave normally.
Things on a very small scale behave like nothing that you have any direct experience about. They do not behave like waves, they do not behave like particles, they do not behave like clouds, or billiard balls, or weights on springs, or like anything that you have ever seen.
Perhaps the summary of good-breeding may be reduced to this rule. "Behave unto all men as you would they should behave unto you." This will most certainly oblige us to treat all mankind with the utmost civility and respect, there being nothing that we desire more than to be treated so by them.
People don't always behave the same way on different programmes. If you go to church you don't behave the same way you do at a party in the middle of the night.
One of the greatest mistakes of successful people is the assumption, 'I behave this way, and I achieve results. Therefore, I must be achieving results because I behave this way.' This belief is sometimes true, but not across the board.
To break up with a girl: be direct. You have to behave the way you would want her to behave, and I would want the door to be closed. You have to be sensitive but honest. You have to be a gentleman and do it in person. You have to look her in the eyes.
The state is essentially an apparatus of compulsion and coercion. The characteristic feature of its activities is to compel people through the application or the threat of force to behave otherwise than they would like to behave.
When you have children your own hypocrisy becomes more apparent because you're telling them how to behave, and you're not behaving like that yourself. So it obliges one to really go in and try to look at why there is a huge gulf between how one knows one wants to behave and how one actually does behave.
You can teach people specific reasoning, such as how to fly a kite or build a wheel. General reasoning cannot be imparted upon people, particularly if they like things the way they are - meaning, if their reactions are very simple. The reason most people behave badly or poorly is because they only understand simple things.
In some extremely important ways, people are what you expect them to be, or at least they behave as you expect them to behave.
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