Risk Savvy: How To Make Good Decisions - Softcover

Gigerenzer, Gerd

4.03

1,670 ratings by Goodreads

9781846144745: Risk Savvy: How To Make Good Decisions

Softcover

ISBN 10: 1846144744 ISBN 13: 9781846144745

Publisher: Allen Lane, 2014

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A fascinating, practical guide to making better decisions with our money, health and personal lives from Gerd Gigerenzer, the author of Reckoning with Risk.

Risk-taking is essential for innovation, fun, and the courage to face the uncertainties in life. Yet for many important decisions, we're often presented with statistics and probabilities that we don't really understand and we inevitably rely on experts in the relevant fields - policy makers, financial advisors, doctors - to analyse and choose for us. But what if they don't quite understand the way the information is presented either?

How do we make sure we're asking doctors the right questions about proposed treatment? Is there a rule of thumb that could help choose the right partner?

This entertaining book shows us how to recognize when we don't have all the information and know what to do about it. Gerd Gigerenzer looks at examples from every aspect of life to identify the reasons for our collective misunderstanding of the risks we face. He shows how we can all use simple rules to avoid being manipulated into unrealistic fears or hopes, to make better-informed decisions, and to learn to understand risk and uncertainty in our own lives.

'Powerful . . . engaging . . . with welcome touches of humour' Financial Times

'Gigerenzer is brilliant and his topic is fabulous' Steven Pinker

'Catchily optimistic and slyly funny' Guardian

Gerd Gigerenzer is Director of the Center for Adaptive Behavior and Cognition at the Max Planck Institute for Human Development in Berlin and former Professor of Psychology at the University of Chicago. He is the author of several books on heuristics and decision making, including Reckoning with Risk.

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About the Author:

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.

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