Art of the Question
Gerd Gigerenzer is a German psychologist, director of the Harding Center for Risk Literacy at the University of Potsdam, and director emeritus of the Max Planck Institute for Human Development in Berlin, where he led the Center for Adaptive Behavior and Cognition for over two decades. He is the author of numerous books including Risk Savvy, Gut Feelings, and The Intelligence of Intuition, and has spent his career studying how people actually make decisions under uncertainty, as opposed to how theorists think they should. Before becoming an academic, he spent roughly a dozen years as a professional musician, an experience that directly shaped his thinking about heuristics and real-world choice. His long-running intellectual debate with Nobel laureate Daniel Kahneman over the nature of human rationality is one of the defining controversies in modern behavioral science. Expect to learn how Gigerenzer chose an academic career over life as a professional musician using heuristic rather than calculated reasoning, how the gap between what is taught about rationality in universities and how people actually decide prompted his life's research agenda, what the crucial distinction between risk and uncertainty means and why standard probability tools fail in an uncertain world, how intuition works as a form of unconscious intelligence built on experience rather than arbitrary feeling, why corporate executives routinely hide gut decisions behind consulting reports and what Gigerenzer calls defensive decision making, how predictive AI systems used in US courts fail to outperform simple strategies despite being marketed as superior, what ecological rationality means and how it differs from the logical rationality assumed by most economists and behavioral scientists, why Gigerenzer disagreed with Daniel Kahneman about heuristics and what their decades-long debate was actually about, when ignoring information leads to better decisions than processing all of it, how the framing of medical statistics as relative rather than absolute risk caused thousands of unnecessary procedures in the UK, and what risk literacy means and why Gigerenzer believes it is a necessary condition for a functioning democracy. Gerd Gigerenzer online: Website: www.gerd-gigerenzer.com [http://www.gerd-gigerenzer.com] Books: Risk Savvy, Gut Feelings, The Intelligence of Intuition, How to Stay Smart in a Smart World (available wherever books are sold).
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