Perpetual beta as a psychology concept refers to decision-making processes that allow for constant updating as new information becomes available.
The perpetual beta approach contrasts with creating a prediction model illustrating the relationship among the variables as a one-time stable model.
The beta concept is taken from computer software products that release software in a beta or testing phase then update the software based on feedback.
The psychology concept is attributed to Tetlock and Gardner.
Possible applications
The application to a wide range of businesses is obvious as they need to be concerned about providing viable products and services in the future.
Clinicians may find the concept useful in helping individuals update their modes of interacting with people or dealing with life situations. In a sense, we all have working models about how to deal with people and events but we may not be analysing and using new information to determine how well our ideas are working.
Reference
Tetlock, P. E., & Gardner, D. (2016). Superforecasting: The art and science of prediction. Random House.
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