In marginal decisions, favour action over inaction
sivv.io
sivv.io
There's a famous study about what happens when medical professions (eg cardiologists) have major conferences. The juniors and non specialists are left running the wards for a week or so. And survival rates go up not down.
The leading theory is that more junior doctors are more likely to wait to and see while seniors intervene and trust in the skills. But their skills aren't as good as they think for the marginal patient...
https://www.newscientist.com/article/mg22530032-100-death-ra...
If you mean more data in the sense of more covariates, sure. If you mean more data in terms of just more observations, no way. Not when it comes to causal inference.
In this particular case, that commenter said that conference dates are independent enough from patient health to say that aside from the important things, everything else is equal. As in, the only difference between the treatments is who is doing the treatment. I disagree with that assertion, but that's the kind of argument you need for causation: Once we've dealt with/controlled for XYZ, the only difference left is the one we're interested in.
It's very difficult to demonstrate that the only difference left is what you care about when you can't even see certain variables. Someone says "what if people in group A are more likely to be left handed and it's patient handedness instead of doctor quality that's causing death here" but you didn't measure left handedness. More and more observations of group A without measuring handedness can't rule out that maybe they were lefties. So you either measure handedness, or argue that your setup will even it out (via randomization for example), or argue that handedness just doesn't matter here. And not just for handedness, but for everything imaginable.
Sampling always loses out to having the entire population.
But you say missing data makes the interpretation incorrect. That’s always possible but only in ways that also fit the original data. Thus, you can then preform a study that improves upon the understanding of the correlation, but it’s not going to disprove the original correlation.
PS: And even here it’s easy to test with more data, just compare total deaths for the month around conferences.
I hadn't actually thought of it that way, that's a very good point.
Another important part of good mental health is not to judge negatively when something uncertain goes wrong. All you can do is ask yourself if you made the right choice at the time
* Empowered sense of agency
* Taking action requires resources which would be "wasted" if the action is later considered the wrong choice, which potentially creates rationalization to avoid that (the sunk cost fallacy)
* When you take an action to change a status quo you've probably prepared for the expected negative aspects of the change, diminishing their effect
* When you stay inactive the potential to act is always there nagging
In purely personal decisions the subjective experience might actually be more important than the real outcome (barring extreme circumstances), so taking an action might indeed be the right choice regardless. However, I do believe that these effects are also present in decisions that affect others (organizations, families etc.), in which the outcome is more important, and also affected others don't share the decision-maker's perspective and may subjectively experience the decision completely differently as a result.
Sticking with the status who is like making a revocable decision not to make a change, where as deciding to do something else is a less-irrevocable decision.
https://www.npr.org/2019/08/30/755850405/you-2-0-decide-alre...
Try getting a tattoo for an example of this
Edit; it's very right you can't decide rationally and that's why we're emotional beings but on the other hand given you have already done it once you emerge on the other side chances are you'll be pleased
If you don't want to get a tattoo try wearing professional clothing to work for a month
Those who don't believe in magic will never find it -- Roald Dahl
Personally, I would have regretted each of the tattoos I would have gotten during each era of my past life.
I am looking forward to visiting Japan and being allowed in to a bath house (onsen) because I am tattoo free: https://www.kashiwaya.org/e/magazine/onsen/tattoos.html
I have Japanese tattoos where does that place me?
How about another example. Have a child.
Dude that link is about a tattoo friendly place. Anyway nobody really cares everyone is keeping to themselves and even the Japanese are covered in English lettering same way we're covered in kanji go figure.
Yo! But you don't know whether you would've regretted them had you gotten them. But then again some people get them for the wrong reasons, granted.
You should only get one when you can practically see it coming out from under your skin.
Sounds like LA Paul wrote some sort of soft self-help book, to be throwing words around like 'impossible'.
[0] https://80000hours.org/2018/08/randomised-experiment-if-your...
There are very few jobs where you've made any lasting commitment to nowadays. They can lay you off at the drop of a hat for any reason whatsoever, so you shouldn't give them anything more than a notice of you're leaving out of courtesy.
Once was a complete regret. Took 3 years to find a decent working situation again.
3 other times I had no regrets and was glad I switched.
Keeping my skills marketable is a big part of it.
However, as you say, if changing jobs is going to require moving across the country to maybe one of a handful of companies suitable to your skill set, you should probably be a lot more conservative.
In reality, the alternative to taking action is usually not simply taking no action, it is collecting more information and then deciding whether to take action. Does the study get at this at all?
I agree that decisions aren't typically binary but I suppose even if you are actively researching after 6 months, for the purposes of this comparison you have remained with the status quo.
In concave payoff distributions, where risk has a negative expected value, inaction is favored.
When convex this is good When concave this is bad So if all else is equal, the convexity breaks the tie.
What about "buyer's remorse" and "honeymoon period"?
Take great caution.
If you find yourself to be a leader, CEO, president, or whatever, facing really hard, ambiguous decisions, sometimes the right thing is not to act, yet this is very hard to do and resist the temptation to act. We end up disincentivizing leaders from hesitating to act, when that might be the appropriate thing, because it might be seen as weakness or indecision.
All too often the bias towards action (for anything but personal decisions) is a quick way to get in a lot of trouble.
And I wonder whether it would largely have been people contemplating a decision because they were dissatisfied/ unhappy with the status quo?
My immediate thought it to Nassim Taleb’s via negativa - not necessarily any more well researched, but the view that in uncertainty do nothing or indeed do less to create a better outcome. That inaction is to be preferred where change and action has no clear benefit.
..those who had opted for the choice that involved making a change (as opposed to sticking with the status quo) were more satisfied with their decision and generally happier.
If you study history, specifically military history, you'll see the "be patient" strategy employed successfully (and ignored, unsuccessfully) quite often. Fabius defeated Hannibal by essentially out-waiting him. [1] One of the Thirty-Six Stratagems from ancient Chinese warfare is Wait at leisure while the enemy labors. [2] So I would amend the advice to be, In marginal decisions, don't be rash, but don't over-analyze. Wait for the right moment, then act.
The example cited in the article could also just be retroactive rationalization. I.e. people want to rationalize their decisions as being the right one.
1. https://en.wikipedia.org/wiki/Fabian_strategy
2. https://en.wikipedia.org/wiki/Thirty-Six_Stratagems#Wait_at_...
This loss aversion ratio of 2:1 is an average or other. How do you find your own ratio? It's the only one that matters. I'm always switching tracks and on to the next new (or old and new to me) thing.
A better reason is most people toward the ends of their lives regret the things they didn't do, rarely any of the things they've done. Do more things. Change is good.
I agree re regretting inaction. There are lots of nuances in how this seems to work as well - see https://psycnet.apa.org/doiLanding?doi=10.1037%2Femo0000326.
The point the parent is hinting at which can apply although I'm not prepared to argue for it as a general rule is the following: If you are in a not good situation (and e.g. you're torn about changing your job as an example given in the OP), I can believe that making any reasonable change is better to just plodding along with the status quo.
In a similar vein--and I've run into this a bunch with project management--making a decision (any decision!) is often better than a status quo of deferring and studying for longer.
Some parents with n children wrestle with the decision of whether to have n+1. You seldom hear regret from people who choose to go ahead with having an additional kid - yet science shows that, in aggregate, people with multiple kids tend to be unhappier than people with just one. In this example, each individual claimed to be happier with choosing 'action' over 'inaction', but in aggregate the action made people unhappier.
As a heuristic, this is kind of rough: what does it mean to say you "cannot decide what you should do"?
How hard have you tried?
If this research was mutated into a piece of folk wisdom, I bet it would be interpreted as advising that "change is preferable, so don't overthink it."
But, that would be the wrong conclusion to draw. It's better to make important decisions after getting as much information as possible, and using rational decision-making strategies. So, it's likely always more effective, though more work, to try to push back the boundary of when the word "cannot" becomes applicable than it is to just say "fuck it, let's do this".
Maybe "being on the fence" or staying in a frame of doubt and uncertainty for too long, without developing future steps for a given plan could really be considered disruptive inaction.
—"Levitt found that those who had opted for the choice that involved making a change (as opposed to sticking with the status quo) were more satisfied with their decision and generally happier."
That idea was a big focus of mine as I tried to get over fear in dating.
Quitting a job or ending a relationship can be a marginal decision, if you're not sure you want to do it. Sometimes you're just fed up with your current employer, or there's an obviously good opportunity available - that's not a marginal decision, that's an easy decision. But sometimes there's an opportunity, but you're not sure you want to take it, but it seems intriguing, but it'd be a big risk, but you wonder if you'll regret not taking it, etc. That's a marginal decision, and the type that the article suggests you should take.
For people with chronic ADD who struggle to finish projects, you may easily fall on the other side of this line ..