My guest for Episode 94 is Dorothy Andrews, ASA, MAAA, PhD, Senior Behavioral Data Scientist and Actuary at NAIC.
The theme for the episode is ๐ ๐ฒ๐ฑ๐ถ๐ฎ ๐ฃ๐๐๐ฐ๐ต๐ผ๐น๐ผ๐ด๐.
Dorothy and I explore the following topics:โฃ
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The link between media, data, and algorithms
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Pitfalls in using big data to gain cognitive insights
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The relevance of psychology for building models
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The link between correlation and causation
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Rational explanations for variable relationships
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Natural experiments and randomized controlled trialsย
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The link between cognitive bias and cognitive dissonance
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Bias in traffic ticketing, health diagnoses, and loss ratio modelingย
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Potential downstream societal implications of biasย
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How the insurance industry is addressing negative bias
If you are interested in learning about media psychology, you want to listen to this.
My Website: maverickactuary.com