Our Magical Minds Redux

May 21, 2014

Management, Methods, Research, Theory


A link to a good article proposing that our minds evolved to see patterns and significance, predisposing us to magical and superstitious beliefs:

This supports the notion that a major challenge in data science is overcoming our inbuilt behavioral predispositions, for instance the tendency to overfit data samples or to conflate correlation with causation. This is Kahneman’s System 1 and System 2 at work, the mind that leaps to conclusions versus the slow and methodical scientific mind.

A link back to the TedX presentation I gave in November 2013 that covers similar themes: https://www.youtube.com/watch?v=q4d1DArZKgo



About SARK7

Scott Allen Mongeau (@SARK7), an INFORMS Certified Analytics Professional (CAP), is a researcher, lecturer, and consulting Data Scientist. Scott has over 30 years of project-focused experience in data analytics across a range of industries, including IT, biotech, pharma, materials, insurance, law enforcement, financial services, and start-ups. Scott is a part-time lecturer and PhD (abd) researcher at Nyenrode Business University on the topic of data science. He holds a Global Executive MBA (OneMBA) and Masters in Financial Management from Erasmus Rotterdam School of Management (RSM). He has a Certificate in Finance from University of California at Berkeley Extension, a MA in Communication from the University of Texas at Austin, and a Graduate Degree (GD) in Applied Information Systems Management from the Royal Melbourne Institute of Technology (RMIT). He holds a BPhil from Miami University of Ohio. Having lived and worked in a number of countries, Scott is a dual American and Dutch citizen. He may be contacted at: webmaster@sark7.com LinkedIn: https://www.linkedin.com/in/smongeau/ Twitter: @sark7 Blog: sctr7.com Web: www.sark7.com All posts are copyright © 2020 SARK7 All external materials utilized imply no ownership rights and are presented purely for educational purposes.

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  1. When analytics fails: fueled by randomness | BAM! Business Analytics Management… - July 16, 2014

    […] ‘meaning antennas’.  A detailed discussion on this evolutionary perspective is available here: https://sctr7.com/2014/05/21/our-magical-minds-redux/ […]

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