tag:blogger.com,1999:blog-3128629259461943328.post7859044567899939689..comments2023-10-28T06:49:31.452-05:00Comments on Max More's Strategic Philosophy: Perils, Part 2: Pervasive PrecautionMax Morehttp://www.blogger.com/profile/09399507145120248307noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3128629259461943328.post-50954714104416663882010-12-21T11:02:21.035-06:002010-12-21T11:02:21.035-06:00On Type I errors vs Type II - I've observed th...On Type I errors vs Type II - I've observed that managers in large organizations, both public and privately held, tend more to make Type II errors, mainly for the reason you stated, that the consequences of a Type I error are more likely to be noticed by other people. Entrepreneurs working on their own or as part of small organizations are far more willing to take risks that could result in obvious failure. As long as an economy is dominated by large organizations, there will be fewer innovations, with the possible exception of military research.Barb-Central Texashttps://www.blogger.com/profile/14000185202490150402noreply@blogger.com