Introduction


“There’s been a lot of thinking and writing about how we make decisions, about how why we make certain kinds of decisions, about what we should decide. There hasn’t been as much writing or thinking about when.”


In GWorks Interviews: Frank Partnoy,1 Professor  Partnoy discusses his latest book, Wait: The Art and Science of Delay, a study of the relation of time, timing, decisions and how understanding the value of procrastination makes for better decisions.


In GWorks Interviews: Frank Partnoy (Part One) The Two-Step, Professor Partnoy describes Wait: The Art & Science of Delay and decision-making as a two-step process.


In GWorks Interviews: Frank Partnoy (Part Two) On Second Thought, Professor Partnoy describes decisions that take milliseconds.


In GWorks Interviews: Frank Partnoy (Part Three) Traders, Professor Partnoy discusses speed trading, the flash crash, algorithms & procrastinating at the speed of light.


In GWorks Interviews: Frank Partnoy (Part Four) Regulating, Professor Partnoy discusses how the ideas in Wait apply to longer-term problems, like market regulation.


In GWorks Interviews: Frank Partnoy (Part Five) Waiting, Professor Partnoy talks about waiting, thinking about and changing values.

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GWorks Interviews: Frank Partnoy

“There’s been a lot of thinking and writing about how we make decisions, about why we make certain kinds of decisions, about what we should decide. There hasn’t been as much writing or thinking about when.”


In GWorks Interviews: Frank Partnoy, Professor  Partnoy discusses his latest book, Wait: The Art and Science of Delay, a study of the relation of time, timing, decisions and how understanding the value of procrastination makes for better decisions.


Part One: The Two-step

Tuesday 21 August 2012

Wait: The Art & Science of Delay and decision-making as a two-step process


“If you think about...what distinguishes human beings from animals, it really is our ability to think about the future, to take a step back and not react instantaneously.”


Part Two: On Second Thought

Thursday 23 August 2012

Decision-making in milliseconds


“This is us when we’re really acting like animals.”


Part Three: Traders

Tuesday 28 August 2012

Speed trading, the flash crash,  algorithms & procrastinating at the speed of light


“Being the first mouse can be incredibly dangerous, if there’s a feral cat around.”


Part Four: Regulating

Thursday 28 August 2011

How the ideas in Wait apply to market regulation


“I hope it is a cautionary tale. That procrastination is good. That innovation comes slow. And so we should be skeptical of financial innovation that moves fast.”


Part Five: Waiting

Tuesday 4 September 2012

Waiting, thinking about & changing values


“I have a lot of faith in the resilience of human decision-making and our capacity to understand our own biases and the problems with our own snap reactions.”


GWorks Interviews: Frank Partnoy (Complete)

Thursday 6 September 2012

The complete five-part interview


For more, please visit GWorks Interviews