Evolve or die
By nature, humans aren't particularly adept at assessing risks and consequences, and our inherent cognitive biases can skew the results of scenario analysis. Duncan Wood discusses how lessons of behavioural economics can be applied
It's a cool summer morning in prehistoric Southern Europe. Shortly after dawn, the low sun shows a band of humans moving through long grass - flint-tipped spears at the ready, they're closing on a herd of grazing deer. Then, somewhere to the right a low growl is heard - the grass there is moving in a different direction to the prevailing wind. Alerted to the presence of lions, the humans turn tail
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