The tyranny of small decisions is a phenomenon explored in an essay of the same name, published in 1966 by the American economist Alfred E. Kahn. The article describes a situation in which a number of decisions, individually small and insignificant in size and time perspective, cumulatively result in a larger and significant outcome which is neither optimal nor desired. It is a situation where a series of small, individually rational decisions can negatively change the context of subsequent choices, even to the point where desired alternatives are irreversibly destroyed. Kahn described the problem as a common issue in market economics which can lead to market failure. The concept has since been extended to areas other than economic ones, such as environmental degradation, political elections and health outcomes. A classic example of the tyranny of small decisions is the tragedy of the commons, described by Garrett Hardin in 1968 as a situation where a number of herders graze cows on a commons. The herders each act independently in what they perceive to be their own rational self-interest, ultimately depleting their shared limited resource, even though it is clear that it is not in any herder's long-term interest for this to happen. (Wikipedia).
In this video, you’ll learn strategies for making decisions large and small. Visit https://edu.gcfglobal.org/en/problem-solving-and-decision-making/ for our text-based tutorial. We hope you enjoy!
From playlist Making Decisions
(ML 11.4) Choosing a decision rule - Bayesian and frequentist
Choosing a decision rule, from Bayesian and frequentist perspectives. To make the problem well-defined from the frequentist perspective, some additional guiding principle is introduced such as unbiasedness, minimax, or invariance.
From playlist Machine Learning
Life constantly forces us to make very big and often very painful decisions. When we are next facing such a choice, here is a small exercise that could help us to know our own minds more clearly. For gifts and more from The School of Life, visit our online shop: https://goo.gl/at6c4Y Join
From playlist SELF
Why is it So Hard to Make Decisions?
In this video, you’ll learn more about why it can sometimes be difficult to make decisions. Visit https://edu.gcfglobal.org/en/topics/creativity-and-design/ to learn more. This video includes information on factors that affect making decisions, including: • Cognitive bias • Status quo bia
From playlist Job Success
B05 Local truncation errors in numerical analysis
From playlist A Second Course in Differential Equations
We are used to thinking very badly of selfishness. But knowing how – at points – to put ourselves first can be the precondition for our later generosity and true helpfulness to others. Being selfish has a role to play in later selflessness. If you like our films, take a look at our shop (
From playlist SELF
A02 Independence of the solution set
The independence of a linear system. How to make sure that a set of solutions are not constant multiples of each other.
From playlist A Second Course in Differential Equations
Breakout Bridges Out of Poverty 101
This breakout session provides an introduction to a comprehensive approach to understanding Bridges Out of Poverty constructs. Bridges Out of Poverty uses the lens of economic class, and it provides concrete tools and strategies for individuals, organizations, and communities to alleviate
From playlist Addressing the Challenges of Poverty Conference 2020
Unit 2 - consumer mistakes part 1
From playlist Courses and Series
The Constitution, the Articles, and Federalism: Crash Course US History #8
In which John Green teaches you about the United States Constitution. During and after the American Revolutionary War, the government of the new country operated under the Articles of Confederation. While these Articles got the young nation through its war with England, they weren't of muc
From playlist Back to School - Expanded
11. The Rise of Athens (cont.)
Introduction to Ancient Greek History (CLCV 205) In this lecture, Professor Kagan traces the development of Athens. He argues that Athens, like other poleis, undergoes political and social turmoil due to the rise of the hoplite farmer. This unrest is first seen in the attempted coup d'é
From playlist Introduction to Ancient Greek History with Donald Kagan
22. Democracy and Majority Rule (I)
Moral Foundations of Politics (PLSC 118) Professor Shapiro transitions today to the third and final section of the course, an in-depth look at democracy and its institutions. According to him, democracy is the most successful at delivering on the mature Enlightenment's twin promises to
From playlist The Moral Foundations of Politics with Ian Shapiro
The idea of ‘atonement’ sounds very old-fashioned and is deeply rooted in religious tradition. To atone means, in essence, to acknowledge one’s capacity for wrongness and one’s readiness for apology and desire for change. It’s a concept that every society needs at its center. For gifts and
From playlist RELATIONSHIPS
Introduction to Ancient Greek History (CLCV 205) In this lecture, Professor Donald Kagan explores the rise, fall, and significance of tyrannies in the Greek polis. He argues that the various tyrannies in the Greek world had both negative and positive aspects, which need to be appreciate
From playlist Introduction to Ancient Greek History with Donald Kagan
Democracy Is in Trouble. Business Must Help Fix It.
Strengthening democracy is the only way to ensure the survival of free-market capitalism. Recent survey data paints a sobering picture: Fifty-five percent of Americans say that their democracy is “weak,” and 68% fear it is getting weaker. Roughly half agree that America is in “real danger
From playlist Quick Study
Locus of control, learned helplessness, and the tyranny of choice | Khan Academy
Created by Brooke Miller. Watch the next lesson: https://www.khanacademy.org/test-prep/mcat/individuals-and-society/social-behavior/v/proximity-and-the-mere-exposure-effect?utm_source=YT&utm_medium=Desc&utm_campaign=mcat Missed the previous lesson? https://www.khanacademy.org/test-prep/m
From playlist Individuals and society | MCAT | Khan Academy
The American Revolution (HIST 116) Professor Freeman discusses the national debate over the proposed Constitution, arguing that in many ways, when Americans debated its ratification, they were debating the consequences and meaning of the Revolution. Some feared that a stronger, more cen
From playlist The American Revolution with Joanne B. Freeman
Tyranny of the Map: Crash Course Geography #35
Today we’re going to talk about borders. Borders can bring people together, evoke passion and war, divide, conquer, and solidify power. We’re going to focus on the tyranny of the map which is what happens when those in power draw boundaries in ways that conflict with how people in that pla
From playlist Geography
How Much Does Luck Decide Our Lives?
Believing that many of the big things in our lives come down to luck is, in a way, a rather insulting thought. We put so much effort into controlling our own destinies. Nevertheless, a wise life is one in which we accept how much lies outside of our control, for good and ill - and where we
From playlist SELF
Introduction to Ancient Greek History (CLCV 205) In this lecture, Professor Kagan examines in detail the development, growing pains, and emergence of Athenian democracy. He argues that the tyranny under the Peisistratids led to the development of the idea of self-government among the At
From playlist Introduction to Ancient Greek History with Donald Kagan