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Michael Pokrovski

added blog Decision Making and Problem Solving
2026-06-11 12:15:58 -

How can I avoid cognitive biases?
How Can I Avoid Cognitive Biases? A physician reviews a patient's symptoms and reaches a diagnosis within seconds. An investor feels certain a stock is destined to rise. A hiring manager instantly likes a candidate during the first minute of an interview. A voter reads a headline and immediately knows who is right. Different people. Different situations. Different stakes. Yet the same...

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Michael Pokrovski

added blog Decision Making and Problem Solving
2026-06-30 16:58:45 -

How do I evaluate risks?
How Do I Evaluate Risks? A Better Way to Think Before You Decide Risk has an unusual talent for disguising itself. Sometimes it arrives wearing the mask of certainty. Other times it looks terrifying despite posing little measurable danger. Most of us assume that evaluating risk is about collecting enough information until the correct answer becomes obvious. Experience suggests otherwise. The...

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Michael Pokrovski

added blog Decision Making and Problem Solving
2026-06-11 12:19:20 -

How to improve critical thinking skills?
How to Improve Critical Thinking Skills? A newspaper headline makes a bold claim. A social media post attracts millions of views. A colleague presents a persuasive argument during a meeting. An investor predicts a market crash. A doctor recommends a treatment. A friend shares a story that sounds unquestionably true. Which of these deserves your trust? The instinctive answer is often...

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Michael Pokrovski

added blog Decision Making and Problem Solving
2026-06-11 12:27:50 -

How to make better decisions?
How to Make Better Decisions? A young investor buys a stock because everyone seems excited about it. A manager hires the candidate who made the strongest first impression. A patient chooses a medical treatment after reading a single success story. An entrepreneur launches a product because the opportunity feels irresistible. Months later, some of these decisions succeed. Others fail....

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Michael Pokrovski

added blog Decision Making and Problem Solving
2026-06-11 12:17:33 -

How to think more rationally?
How to Think More Rationally? A woman buys a stock because she has a good feeling about the company. A manager hires a candidate because the interview "just clicked." A voter dismisses an argument after reading only the headline. An entrepreneur ignores warning signs because success feels inevitable. All four decisions may seem unrelated. One concerns investing. Another concerns hiring....

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Michael Pokrovski

added blog Decision Making and Problem Solving
2026-06-09 05:29:10 -

What is availability bias?
What Is Availability Bias? When Memory Becomes a Substitute for Probability A person hears about a plane crash on the news. It is detailed. It is vivid. It is repeated across multiple channels. In the following weeks, flying begins to feel unusually dangerous. Not because the actual risk has changed. But because examples of danger have become easier to recall. This is availability...

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Leonard Pokrovski

added blog Economics
2026-03-26 17:06:32 -

What Skills Are Needed to Study Econometrics?
What Skills Are Needed to Study Econometrics? Econometrics sits at the intersection of economics, mathematics, and statistics. It is the discipline that turns economic theories into testable models using real-world data. While it can appear intimidating at first, success in econometrics is less about innate talent and more about building a specific set of skills. These skills span quantitative...

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