Public, Peer-Review & Editing Process for Book Titled “Making Good Decisions”: Revised Version for Volume 1 – Part II – Section #4: McLuhan’s “Tetrad” Meets Boyd’s “OODA Loop”, and Beyond
For new readers: Please read the “Pinned Post” at the top of this Substack’s Home Page, and titled Why Use Public Peer-Review to Write a Book? - “See for Yourself”.
For returning readers and subscribers: This post introduces the Revised Version for Volume 1 – Part II – Section #4: McLuhan’s “Tetrad” Meets Boyd’s “OODA Loop”, and Beyond
Summary:
Section #4: McLuhan’s “Tetrad” Meets Boyd’s “OODA Loop”, and Beyond - Combining McLuhan’s “Tetrad” described in the prior section with John Boyd’s “OODA Loop” described in Volume 1 – Part I: Section #4: Survival and the “Amplification” or “Suppression” of “Perceptions”, this section integrates a “Checklists for Pattern-Matching” with a “Process to Improve the Odds”. This combination improves our ability to “Orient” in an uncertain, decision-making “Task Environment” based on the ability to see the intended & unintended consequences at each step in the “Process”. Additionally, Ole Peters, et al., in a 2020 paper titled “What are we weighting for? A mechanistic model for probability weighting”, calculated the impact of different “Variance” estimates on decision-making. The simple “Process” of comparing the assumptions of the “Decision-Maker” with the assumptions of the “Disinterested Observer” has the power to solve known “Puzzle, Paradoxes, & Anomalies” in Financial Economics, thus obviating the need for complicated “As-If” models such as “Cumulative Prospect Theory”. By using Simulation as a research “Methodology”, Peters’ theory, brings a high level of strength of evidence to the value of adding an explicit “Model of Self” to a “Process to Improve the Odds” in order to make good individual, business, and investment decisions.
See the downloadable pdf below:
Developing…
”CTRI by Francois Gadenne” writes a business book in three volumes, published serially on Substack for public peer-review. The book connects the dots of life-enhancing practices for the next generation, free of controlling algorithms, based on the lifetime experience of a retirement age entrepreneur, & continuously updated with insights from reading Wealth, Health, & Statistics research papers on behalf of large companies as the co-founder of CTRI.