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Energy Consultancy | Wellhead to Global LNG, Sustainability and AI


The Perception of Risk in Energy Markets: Kahneman, Taleb, and the Barbell Defense
Source: GROK Energy markets expose a fundamental flaw in human decision-making: we misjudge risk. Daniel Kahneman, in Thinking, Fast and Slow, explains how our fast, emotional “System 1” often overrides deliberate reasoning. Nassim Taleb’s Antifragile trilogy adds that systems built on false stability eventually collapse under volatility. Together, they explain why billion-dollar energy failures keep repeating. Kahneman’s Cognitive Traps Anchoring Bias : After the 2014 oil cr

Timothy Beggans
Nov 62 min read
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