A new eye-opener on how we can make better decisions—by the author of Gut Feelings In this age of big data we often trust that expert analysis—whether it’s about next year’s stock market or a person’s risk of getting cancer—is accurate. But, as risk expert Gerd Gigerenzer reveals in his latest book, Risk Savvy, most of us, including doctors, lawyers, and financial advisors, often misunderstand statistics, leaving us misinformed and vulnerable to exploitation. Yet there’s hope. In Risk Savvy, Gigerenzer gives us an essential guide to the science of good decision making, showing how ordinary people can make better decisions for their money, their health, and their families. Here, Gigerenzer delivers the surprising conclusion that the best results often come from considering less information and listening to your gut.
About the Author
Gerd Gigerenzer is Director of the Harding Centre for Risk Literacy at the University of Potsdam and partner of Simply Rational: The Institute for Decisions. He is former Director of the Centre for Adaptive Behaviour and Cognition at the Max Planck Institute for Human Development and a former Professor of Psychology at the University of Chicago. He is the author of several books on heuristics and decision-making, including Risk Savvy and Reckoning with Risk.
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