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June 13, 2014 04:05 pm PDT

Psychology ofrisk

Cognitive scientist professor Gerd Gigerenzer of the Max Planck Institute for Human Development is the author of a new book called Risk Savvy: How To Make Good Decisions, about how we frequently make terrible choices based on misinterpreted information; The Economist interviewed Gigerenzer:You also talk about an unconscious rules of thumb, or intuition. Read the rest

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