In this personal account of how he decided to become a cognitive psychologist and focus on human decision making, Dr. Gigerenzer reveals that he also had the opportunity to earn money as a professional musician.
Tags:
decision making, heuristics, bounded rationality, history
Interdisciplinary research has been a hot topic in modern science for many years, but only a small number of research groups have fully embraced the concept. In this interview, Dr. Gigerenzer describes the organization of his research group at the...
Dr. Gigerenzer describes his view of the mind as a collection of cognitive abilities that reflect both the result of evolution as well as the personal experiences of an individual within their specific environment.
How do you evaluate heuristics? Dr. Gigerenzer emphasizes the two different existing approaches that describe the state of the field. In the descriptive approach, researchers try to find out whether people actually use a particular heuristic. In the...
Intuitions play an important role in many real-world decision making situations, yet they are often discarded as flawed when compared to algorithmic solutions. Societal pressures on decision makers to produce rational and factual evidence for the...
Against popular belief, there are instances where simple heuristics are not only faster and easier to apply, but they can reliably outperform more complex and exhaustive algorithms. The reason for this is uncertainty of natural environments and the...
