Risk Savvy: How to Make Good Decisions

Risk Savvy: How to Make Good Decisions


By (author) Professor and Director Gerd Gigerenzer

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  • Publisher: VIKING
  • Format: Hardback | 322 pages
  • Dimensions: 157mm x 231mm x 36mm | 544g
  • Publication date: 17 April 2014
  • ISBN 10: 0670025658
  • ISBN 13: 9780670025657
  • Illustrations note: black & white illustrations, figures
  • Sales rank: 145,495

Product 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. 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.

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Author information

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.