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Risk Savvy How to Make Good Decisions

ISBN-10: 0670025658
ISBN-13: 9780670025657
Edition: 2014
Authors: Gerd Gigerenzer
List price: $26.95 Buy it from $3.98
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Description: An eye-opening look at the ways we misjudge risk every day and a guide to making better decisions with our money, health, and personal lives In the age of Big Data we often believe that our predictions about the future are better than ever before.  More...

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Book details

List price: $26.95
Copyright year: 2014
Publisher: Penguin Publishing Group
Publication date: 4/17/2014
Binding: Hardcover
Pages: 336
Size: 6.50" wide x 9.50" long x 1.25" tall
Weight: 1.144
Language: English

An eye-opening look at the ways we misjudge risk every day and a guide to making better decisions with our money, health, and personal lives In the age of Big Data we often believe that our predictions about the future are better than ever before. But as risk expert Gerd Gigerenzer shows, the surprising truth is that in the real world, we often get better results by using simple rules and considering less information. In R isk Savvy, Gigerenzer reveals that most of us, including doctors, lawyers, financial advisers, and elected officials, misunderstand statistics much more often than we think, leaving us not only misinformed, but vulnerable to exploitation. Yet there is hope. Anyone can learn to make better decisions for their health, finances, family, and business without needing to consult an expert or a super computer, and Gigerenzer shows us how. Risk Savvy is an insightful and easy-to-understand remedy to our collective information overload and an essential guide to making smart, confident decisions in the face of uncertainty.

Gerd Gigerenzer is Director at the Max Planck Institute for Human Development, Berlin. He is the author of Calculated Risks, among other books, and the coeditor of Bounded Rationality: The Adaptive Toolbox and Heuristics and the Law, both published by the MIT Press.

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