Interviews

Title Description Interviewee Producer Duration
Bounded rationality Herbert Simon's concept of 'bounded rationality' has spawned a lot of research interests in psychology and economics. Dr. Gigerenzer identifies three different interpretations of bounded rationality - two of which deal with the... Gerd Gigerenzer goCognitive 00:06:17
Decision making in small and large worlds One of the main distinctions in research on decision making concerns the availability of information to a decision maker. In so-called ‘small worlds’, all alternatives, consequences, and probabilities are known. In so-called ‘large worlds’,... Gerd Gigerenzer goCognitive 00:02:42
Heuristics Heuristics are simple strategies that allow a decision maker to reach a decision quickly and with little effort. While most people view heuristics as 'second class citizens' compared to optimized algorithmic solutions. In this... Gerd Gigerenzer goCognitive 00:05:26