Gigerenzer,G.

(from the jacket) Statistical illiteracy can have an enormously negative impact on decision making. This volume of collected papers brings together applied and theoretical research on risks and decision making across the fields of psychology, medicine, and economics, Collectively, the essays demonstrate why an understanding of the way statistics are framed is essential to sound decision making, and that understanding risks and uncertainty has wide-reaching implications for daily life. Gerd Gigerenzer provides a lucid review and catalog of concrete instances of heuristics, or rules of thumb, that people and animals rely on to make decisions under uncertainty, explaining why these are very often more rational than probability models. Alter a critical look at behavioral theories that do not model actual psychological processes, the book concludes with a call for a "heuristic revolution" that will enable us to understand the ecological rationality of both statistics and heuristics, bringing a dose of sanity to the study of rationality. (PsycINFO Database Record (c) 2015 APA, all rights reserved)

Gigerenzer, G. (2015). Simply rational: Decision making in the real world. New York: Oxford University Press.

Publication year	2015
Document type:	Book
Publication status:	Published
External URL:
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Keywords:	intuitionismmoral educationmoral imagination