Gerd Gigerenzer

Revealing that most of us misunderstand statistics much more often than we think, this must-have resource helps us to make better decisions for our health, finances, family and business without needing to consult an expert or Big Data.

How to Make Good Decisions

Risk Savvy

Gigerenzer is one of the researchers of behavioral intuition responsible for the science behind Malcolm Gladwell's bestseller Blink. Gladwell showed how snap decisions often yield better results than careful analysis. Now, Gigerenzer explains why intuitio

The Intelligence of the Unconscious

Gut Feelings

At the beginning of the twentieth century, H. G. Wells predicted that statistical thinking would be as necessary for citizenship in a technological world as the ability to read and write. But in the twenty-first century, we are often overwhelmed by a baffling array of percentages and probabilities as we try to navigate in a world dominated by statistics. Cognitive scientist Gerd Gigerenzer says that because we haven't learned statistical thinking, we don't understand risk and uncertainty. In order to assess risk -- everything from the risk of an automobile accident to the certainty or uncertainty of some common medical screening tests -- we need a basic understanding of statistics. Astonishingly, doctors and lawyers don't understand risk any better than anyone else. Gigerenzer reports a study in which doctors were told the results of breast cancer screenings and then were asked to explain the risks of contracting breast cancer to a woman who received a positive result from a screening. The actual risk was small because the test gives many false positives. But nearly every physician in the study overstated the risk. Yet many people will have to make important health decisions based on such information and the interpretation of that information by their doctors. Gigerenzer explains that a major obstacle to our understanding of numbers is that we live with an illusion of certainty. Many of us believe that HIV tests, DNA fingerprinting, and the growing number of genetic tests are absolutely certain. But even DNA evidence can produce spurious matches. We cling to our illusion of certainty because the medical industry, insurance companies, investment advisers, and election campaigns have become purveyors of certainty, marketing it like a commodity. To avoid confusion, says Gigerenzer, we should rely on more understandable representations of risk, such as absolute risks. For example, it is said that a mammography screening reduces the risk of breast cancer by 25 percent. But in absolute risks, that means that out of every 1,000 women who do not participate in screening, 4 will die; while out of 1,000 women who do, 3 will die. A 25 percent risk reduction sounds much more significant than a benefit that 1 out of 1,000 women will reap. This eye-opening book explains how we can overcome our ignorance of numbers and better understand the risks we may be taking with our money, our health, and our lives.

How to Know When Numbers Deceive You

Calculated Risks

How to Stay Smart in a Smart World

This volume collects Gigerenzer's recent articles on the psychology of rationality. This volume should appeal, like the earlier volumes, to a broad mixture of cognitive psychologists, philosophers, economists, and others who study decision making.

How People Cope with Uncertainty

Rationality for Mortals

Lorraine Daston

Zeno Swijtink

Theodore Porter

Lorenz Kruger

Connects the earliest applications of probability and statistics in gambling and insurance to the most recent applications in law, medicine, polling, and baseball as well as their impact on biology, physics and psychology.

How Probability Changed Science and Everyday Life

The Empire of Chance

How to stay in charge in a world populated by algorithms that beat us in chess, find us romantic partners, and tell us to “turn right in 500 yards.” Doomsday prophets of technology predict that robots will take over the world, leaving humans behind in the dust. Tech industry boosters think replacing people with software might make the world a better place—while tech industry critics warn darkly about surveillance capitalism. Despite their differing views of the future, they all agree: machines will soon do everything better than humans. In How to Stay Smart in a Smart World, Gerd Gigerenzer shows why that’s not true, and tells us how we can stay in charge in a world populated by algorithms. Machines powered by artificial intelligence are good at some things (playing chess), but not others (life-and-death decisions, or anything involving uncertainty). Gigerenzer explains why algorithms often fail at finding us romantic partners (love is not chess), why self-driving cars fall prey to the Russian Tank Fallacy, and how judges and police rely increasingly on nontransparent “black box” algorithms to predict whether a criminal defendant will reoffend or show up in court. He invokes Black Mirror, considers the privacy paradox (people want privacy, but give their data away), and explains that social media get us hooked by programming intermittent reinforcement in the form of the “like” button. We shouldn’t trust smart technology unconditionally, Gigerenzer tells us, but we shouldn’t fear it unthinkingly, either.

Why Human Intelligence Still Beats Algorithms

Walter Krämer

Thomas Bauer

Über Risiken und Nebenwirkungen der Unstatistik

Warum dick nicht doof macht und Genmais nicht tötet

Rationality in the Real World (Evolution and Cognition Series)

Adaptive Thinking

Wie wir in einer digitalen Welt die Kontrolle behalten und die richtigen Entscheidungen treffen

Klick

John Beatty

How Probability Changed Science and Everyday Life (Ideas in Context)

Wie man die richtigen Entscheidungen trifft

Risiko

Thorsten Pachur

Ralph Hertwig

This book compiles key articles of the simple heuristics program published across journals in different disciplines. It introduces the evolution and structure of the program, and puts each of the articles into context by short introductions. These articles present theory, real-world applications, and a sample of the large number of existing experimental studies that provide evidence for people's adaptive use of heuristics.

The Foundations of Adaptive Behavior

Heuristics

Reinhard Selten

In a complex and uncertain world, humans and animals make decisions under the constraints of limited knowledge, resources, and time. Yet models of rational decision making in economics, cognitive science, biology, and other fields largely ignore these real constraints and instead assume agents with perfect information and unlimited time. About forty years ago, Herbert Simon challenged this view with his notion of "bounded rationality." Today, bounded rationality has become a fashionable term used for disparate views of reasoning. This book promotes bounded rationality as the key to understanding how real people make decisions. Using the concept of an "adaptive toolbox," a repertoire of fast and frugal rules for decision making under uncertainty, it attempts to impose more order and coherence on the idea of bounded rationality. The contributors view bounded rationality neither as optimization under constraints nor as the study of people's reasoning fallacies. The strategies in the adaptive toolbox dispense with optimization and, for the most part, with calculations of probabilities and utilities. The book extends the concept of bounded rationality from cognitive tools to emotions; it analyzes social norms, imitation, and other cultural tools as rational strategies; and it shows how smart heuristics can exploit the structure of environments.

The Adaptive Toolbox

Bounded Rationality

Erinnern wir uns an die weltweite Angst vor der Schweinegrippe, als Experten eine nie dagewesene Pandemie prognostizierten und Impfstoff für Millionen produziert wurde, der später still und heimlich entsorgt werden musste. Für Gerd Gigerenzer ist dies nur ein Beleg unseres irrationalen Umgangs mit Risiken. Und das gilt für Experten ebenso wie für Laien. An Beispielen aus Medizin, Rechtswesen und Finanzwelt erläutert er, wie die Psychologie des Risikos funktioniert, was sie mit unseren entwicklungsgeschichtlich alten Hirnstrukturen zu tun hat und welche Gefahren damit einhergehen. Dabei analysiert er die ungute Rolle von irreführenden Informationen, die von Medien und Fachleuten verbreitet werden. Doch Risiken und Ungewissheiten richtig einzuschätzen kann und sollte jeder lernen. Diese Risikoschulung erprobt Gigerenzer seit vielen Jahren mit verblüffenden Ergebnissen. Sein Fazit: Schon Kinder können lernen, mit Risiken realistisch umzugehen und sich gegen Panikmache wie Verharmlosung zu immunisieren.

Risiko : wie man die richtigen Entscheidungen trifft

Are ordinary people able to reason with risk? Detailing case histories and examples, this text presents readers with tools for understanding statistics. In so doing, it encourages us to overcome our innumeracy and empowers us to take responsibility for our own choices.

Learning to Live with Uncertainty

Reckoning with Risk

„Das Herz hat seine Gründe, die der Verstand nicht kennt.“ Viele Menschen treffen Entscheidungen „aus dem Bauch heraus“, was auf den ersten Blick aller Vernunft zu widersprechen scheint. Gerd Gigerenzer, Professor für Psychologie und Direktor am Berliner Max-Planck-Institut für Bildungsforschung, erkundet anhand zahlreicher Beispiele, woher unsere Bauchgefühle oder Intuitionen kommen und welcher spezifischen Logik unsere unbewusste Intelligenz folgt. • Das Geheimnis des gefilterten Wissens – Ausgezeichnet als „Wissenschaftsbuch des Jahres 2007“. • Der Bestseller von Gerd Gigerenzer, einem der profiliertesten deutschen Psychologen der Gegenwart.

Die Intelligenz des Unbewussten und die Macht der Intuition

Bauchentscheidungen

Der neue Bestseller von Gerd Gigerenzer Erinnern wir uns an die weltweite Angst vor der Schweinegrippe, als Experten eine nie dagewesene Pandemie prognostizierten und Impfstoff für Millionen produziert wurde, der später still und heimlich entsorgt werden musste. Für Gerd Gigerenzer ist dies nur ein Beleg unseres irrationalen Umgangs mit Risiken. Und das gilt für Experten ebenso wie für Laien. An Beispielen aus Medizin, Rechtswesen und Finanzwelt erläutert er, wie die Psychologie des Risikos funktioniert, was sie mit unseren entwicklungsgeschichtlich alten Hirnstrukturen zu tun hat und welche Gefahren damit einhergehen. Dabei analysiert er die ungute Rolle von irreführenden Informationen, die von Medien und Fachleuten verbreitet werden. Doch Risiken und Ungewissheiten richtig einzuschätzen kann und sollte jeder lernen. Diese Risikoschulung erprobt Gigerenzer seit vielen Jahren mit verblüffenden Ergebnissen. Sein Fazit: Schon Kinder können lernen, mit Risiken realistisch umzugehen und sich gegen Panikmache wie Verharmlosung zu immunisieren.

David J. Murray

Originally published in 1987, this title is about theory construction in psychology. Where theories come from, as opposed to how they become established, was almost a no-man’s land in the history and philosophy of science at the time. The authors argue that in the science of mind, theories are particularly likely to come from tools, and they are especially concerned with the emergence of the metaphor of the mind as an intuitive statistician. In the first chapter, the authors discuss the rise of the inference revolution, which institutionalized those statistical tools that later became theories of cognitive processes. In each of the four following chapters they treat one major topic of cognitive psychology and show to what degree statistical concepts transformed their understanding of those topics.

Cognition as Intuitive Statistics

Think less – and know more. A sportsman can catch a ball without calculating its speed or distance. A group of amateurs beat the experts at playing the stock market. A man falls for the right woman even though she’s ‘wrong’ on paper. All these people succeeded by trusting their instincts – but how does it work? In Gut Feelings psychologist and behavioural expert Gerd Gigerenzer reveals the secrets of fast and effective decision-making. He explains that, in an uncertain world, sometimes we have to ignore too much information and rely on our brain’s ‘short cut’, or heuristic. By explaining how intuition works and analyzing the techniques that people use to make good decisions – whether it’s in personnel selection or heart surgery – Gigerenzer will show you why gut thinking can change your world.

Gerd Gigerenzer

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