Risk Savvy

Informationen zum Autor GERD GIGERENZER is director of the Max Planck Institute for Human Development in Berlin, and lectures around the world on the importance of risk education for everyone from children to prominent doctors, bankers, and politicians. Klappentext A new eye-opener on how we can make better decisionsby the author of Gut Feelings In this age of big data we often trust that expert analysiswhether it's about next year's stock market or a person's risk of getting canceris 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. Praise for Gerd Gigerenzer's Work Logic be damned! . . . Gigerenzer delivers a convincing argument for going with your gut. Men's Health All innumeratesbuyers, sellers, students, professors, doctors, patients, lawyers and their clients, politicians, voters, writers, and readershave something to learn from Gigerenzer. Publishers Weekly Gladwell drew heavily on Gigerenzer's research. But Gigerenzer goes a step further by explaining just why our gut instincts are so often right. Businessweek [Gigerenzer] has the gift of exposition and several times gives the reader that Eureka! feeling. The Telegraph (UK) Gerd Gigerenzer, director of the Max Planck Institute for Human Development in Berlin, locates specific strategies that the unconscious mind uses to solve problems. These are not impulsive or capricious responses, but evolved methods that lead to superior choices. The Boston Globe PENGUIN BOOKS RISK SAVVY 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. Creativity requires the courage to let go of certainties. Erich Fromm To be alive at all involves some risk. Harold Macmillan 1 Are People Stupid? Knowledge is the antidote to fear. Ralph Waldo Emerson Remember the volcanic ash cloud over Iceland? The subprime disaster? How about mad cow disease? Each new crisis makes us worry until we forget and start worrying about the next one. Many of us found ourselves stranded in crowded airports, ruined by vanishing pension funds, or anxious about tucking into a yummy beef steak. When something goes wrong, we are told that the way to prevent further crisis is better technology, more laws, and bigger bureaucracy. How to protect ourselves from the next financial crisis? Stricter regulations, more and better advisers. How to protect ourselves from the threat of terrorism? Homeland security, full body scanners, further sacrifice of individual freedom. How to counteract exploding costs in health care? Tax hikes, rationalization, better genetic markers. One idea is absent from these lists: risk-savvy citizens. And there is a reason. Human beings are fallible: lazy, stupid, greedy and weak, an article in the Economist announced.1 We are said to be irrational slaves to our whims and appetites, addicted to sex, smoking, and electronic gadgets. Twenty-year-olds drive with their cell phones glued to their ears, oblivious to...

Autorentext

GERD GIGERENZER is director of the Max Planck Institute for Human Development in Berlin, and lectures around the world on the importance of risk education for everyone from children to prominent doctors, bankers, and politicians.

Klappentext

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.

Zusammenfassung
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.

Leseprobe

Praise for Gerd Gigerenzer’s Work

“Logic be damned! . . . Gigerenzer delivers a convincing argument for going with your gut.”

—Men’s Health

“All innumerates—buyers, sellers, students, professors, doctors, patients, lawyers and their clients, politicians, voters, writers, and readers—have something to learn from Gigerenzer.”

—Publishers Weekly

“Gladwell drew heavily on Gigerenzer’s research. But Gigerenzer goes a step further by explaining just why our gut instincts are so often right.”

—Businessweek

“[Gigerenzer] has the gift of exposition and several times gives the reader that Eureka! feeling.”

—The Telegraph (UK)

“Gerd Gigerenzer, director of the Max Planck Institute for Human Development in Berlin, locates specific strategies that the unconscious mind uses to solve problems. These are not impulsive or capricious responses, but evolved methods that lead to superior choices.”

—The Boston Globe

PENGUIN BOOKS

RISK SAVVY

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.

Creativity requires the courage to let go
of certainties.

Erich Fromm

To be alive at all involves some risk.

Harold Macmillan

1

Are People Stupid?

Knowledge is the antidote to fear.

Ralph Waldo Emerson

Remember the volcanic ash cloud over Iceland? The subprime disaster? How about mad cow disease? Each new crisis makes us worry until we forget and start worrying about the next one. Many of us found ourselves stranded in crowded airports, ruined by vanishing pension funds, or anxious about tucking into a yummy beef steak. When something goes wrong, we are told that the way to prevent further crisis is better technology, more laws, and bigger bureaucracy. How to protect ourselves from the next financial crisis? Stricter regulations, more and better advisers. How to protect…