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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.
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.