EPISODE · Dec 2, 2019 · 1H 8M

Gerd Gigerenzer on Gut Feelings

from Rob Wiblin's top recommended EconTalk episodes v0.2 Feb 2020 · host EconTalk: Russ Roberts

Psychologist and author Gerd Gigerenzer of the Max Planck Institute for Human Development talks about his book Gut Feelings with EconTalk host Russ Roberts. Gigerenzer argues for the power of simple heuristics--rules of thumb--over more complex models when making real-world decisions. He argues that many results in behavioral economics that appear irrational can be understood as sensible ways of coping with complexity.

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Gerd Gigerenzer on Gut Feelings

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