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 𝗠𝗲𝗱𝗶𝗮 𝗣𝘀𝘆𝗰𝗵𝗼𝗹𝗼𝗴𝘆.

Dorothy and I explore the following topics:⁣

✅ The link between media, data, and algorithms
✅ Pitfalls in using big data to gain cognitive insights
✅ The relevance of psychology for building models
✅ The link between correlation and causation
✅ Rational explanations for variable relationships
✅ Natural experiments and randomized controlled trials 
✅ The link between cognitive bias and cognitive dissonance
✅ Bias in traffic ticketing, health diagnoses, and loss ratio modeling 
✅ Potential downstream societal implications of bias 
✅ 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