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Tag: Risk homeostasis

Why we need to rethink the idea of “burning the ships”

Posted on January 28, 2022January 31, 2022 by Andrew Parks

Back in the 1980’s, taxi drivers in the city of Munich, Germany took part in an experiment. The design of the experiment was to test a theory proposed by Gerald J.S. Wilde – professor at Queen’s University in Canada. In his theory, Wilde proposed the concept of risk homeostasis. As humans,

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Coaching, Decision Making Adam Grant, Bill Gates, Brett Bartholomew, Burn the ships, Entrepreneur, Malcolm Gladwell, Munich taxi experiment, Risk homeostasis, Risk taking Leave a comment

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