# Gambling with the Gods: Decision-making in a Turbulent World

- Institution: Gresham College
- Speaker: Professor Helga Drummond
- Year: 2014
- Level: For everyone
- Language: English
- Subjects: Earth and environment, Business and management, Philosophy
- Source: [Gresham College](https://www.gresham.ac.uk/watch-now/series/gambling-gods-decision-making-turbulent-world)
- Licence: [Educational use (Gresham College's terms)](https://www.gresham.ac.uk/terms-and-conditions)
- Who can watch: Teens profiles and older (sources give no ratings; placed by Invisible Network from the source's own words)

Many mistakes in business look obvious in hindsight. Yet they usually take us and our organisations by surprise. What explains this paradox? This lecture explores why predictable surprises happen and what individuals and organisations can do to protect themselves from unpleasant surprises. We know a lot about how bad decisions happen. But how we can we make good decisions amidst ambiguity, when everything is uncertain - even uncertainty itself?

## Lectures

1. [Predictable Surprises](https://invisiblenetwork.ai/learn/gresham/series-gambling-gods-decision-making-turbulent-world/6ffba6d80237) (YouTube)
2. [The Psychology of Doing Nothing](https://invisiblenetwork.ai/learn/gresham/series-gambling-gods-decision-making-turbulent-world/7c78877bfa57) (YouTube)
3. ["Knee deep in the big muddy": Escalation of Commitment](https://invisiblenetwork.ai/learn/gresham/series-gambling-gods-decision-making-turbulent-world/cdabba500b36) (YouTube)