Author(s): Gerd Gigerenzer
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.
Gerd Gigerenzer is the author of "Gut Feelings." He is currently the director of the Max Planck Institute for Human Development in Berlin, Germany, and lectures around the world on the importance of proper risk education for everyone from school-age children to prominent doctors, bankers, and politicians.