Published Dec 2, 2019

Gerd Gigerenzer on Gut Feelings

Gerd Gigerenzer challenges the dominance of complex models in decision-making, advocating instead for the efficacy of gut feelings and heuristics. He delves into how intuitive approaches and simple decision-making tools, like fast and frugal trees, can often outperform mathematical predictions, especially in navigating uncertainty and complexities.

Episode Highlights

Topics covered

Episode Highlights

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Dexa/Russ Roberts

Gerd Gigerenzer on Gut Feelings

Topics covered

Popular Clips

Challenging Medical Screenings

Cognitive Illusions

Predicting Under Uncertainty

The Gaze Heuristic

Investing in Stronger Decision-Making

Challenging Gut Feelings

Ignorance and Decision Making

The As If Argument

The Power of Gut

Nudging and Libertarian Paternalism

Rethinking Risk Assessment

Fast and Frugal Trees

Should You Have Children?

Heuristics and Decision Making

Decision Making Insights

Episode Highlights

Critiquing Models

Gut Feelings

Heuristics

Related Episodes

Gerd Gigerenzer on How to Stay Smart in a Smart World

David Gelernter on Consciousness, Computers, and the Tides of Mind

Angela Duckworth on Grit

An Interview with Gary Becker

Angela Duckworth on Character

Betsey Stevenson and Justin Wolfers on Happiness, Growth, and the Reinhart-Rogoff Controversy

D. G. Myers on Cancer, Dying, and Living

Richard Gunderman on Greed, Adam Smith, and Leo Tolstoy

Phil Rosenzweig on Leadership, Decisions, and Behavioral Economics

Robert Burton on Being Certain

David Weinberger on Too Big to Know

Edward Lazear on Becker

Arnold Kling on Morality, Culture, and Tribalism

John Kay and Mervyn King on Radical Uncertainty

Ed Glaeser on the Economics of Paternalism

Gerd Gigerenzer on Gut Feelings

Topics covered

Popular Clips

Episode Highlights

Critiquing ModelsGerd Gigerenzer critiques the reliance on complex models in economics, advocating for simple heuristics to navigate uncertainty. He emphasizes the effectiveness of intuitive decision-making over mathematical predictions.

Critiquing Models

Gut FeelingsGerd Gigerenzer explores the power of gut feelings in decision-making, arguing that simple heuristics often outperform complex models in uncertain situations. He challenges the notion that intuition is inferior to analytical methods, highlighting its role in navigating complexity.

Gut Feelings

HeuristicsGerd Gigerenzer explores the power of fast and frugal trees, a simple yet effective decision-making tool. He highlights their success in various fields, including medicine, where they often outperform complex models.

Heuristics

Related Episodes