Gerd Gigerenzer

speaker
43 appearances 2 recordings 1 series first heard May 2014 last heard May 2014

Gerd Gigerenzer’s voice in public audio — every appearance, attributed to the second.

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Appearances

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So what we need is both probability theory for situations where we can calculate a risk, but also smart heuristics.
or rules of thumb and good intuition in a world where we cannot calculate that.
If a problem is highly unpredictable, as in the stock market, if you have many options, so many parameters to estimate, and little data, then make it simple.
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