Why Models Fail

Why Models Fail

Christian Hunt

25 years: Behavioural science & compliance

In this series of videos, Christian will explore how traditional approaches and ways of thinking, might not always serve us well in the modern world. He will explain why we use models and evaluate some of their limitations.

In this series of videos, Christian will explore how traditional approaches and ways of thinking, might not always serve us well in the modern world. He will explain why we use models and evaluate some of their limitations.

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Why Models Fail

16 mins 12 secs

Overview

The models that we use every day have many flaws that often go unnoticed. Whether we fail to realise the bias towards history or maintaining the status quo, we should all be more cognisant of the blind spots of our models.

Key learning objectives:

  • Understand that models are not always the best predictors of their intended purpose

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Summary
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Expert
Christian Hunt

Christian Hunt

Christian is the founder of Human Risk, a Behavioural Science led Consulting and Training Firm. Previously, Christian was Managing Director at UBS, and Head of Behavioural Science (BeSci), within the Bank’s Risk function. Prior to joining UBS, he was Chief Operating Officer at the UK’s Prudential Regulation Authority.

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