Walid Kamoun, Vice President, Global Head of R&D Oncology at Servier, shared a post on LinkedIn:
“Summer is always a great time to revisit some new editions of some of the classics.
The updated edition of The Winner’s Curse by Richard Thaler, now co-authored with Alex Imas, offers a compelling perspective on decision-making in uncertain environments.
The paradox: the more competitive the setting, the greater the risk of overestimating value. Another paradox is that winning is not always the same as making the best decision.
In oncology, where science, urgency, and uncertainty intersect, this is a daily challenge. Strengthening our ability to challenge assumptions, mitigate bias, and rely on collective intelligence is essential.
A timely reminder that rigor in decision-making is itself a strategic advantage.”
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