Risk Savvy: How to Make Good Decisions
Categories: Science & Math, Self-Help
Psychologist Gerd Gigerenzer argues that most people misunderstand risk and that experts often present it in confusing ways. He explains how to read statistics in medicine, finance and daily life, and shows why simple rules of thumb often beat complex models in an uncertain world. Gigerenzer calls for teaching risk literacy to everyone so that people can make better decisions about health, money and love.
Recommended by 1 person
- Shane Parrish: “The book argues that in a world full of information and complexity sometimes our best bet is to use simple heuristics to avoid problems. Just as increasing debt rarely solves a debt problem, complex problems are rarely solved with complexity.”