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 |
Evaluating Heuristics |
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... |
Gerd Gigerenzer |
goCognitive |
00:06:15 |
Gerd Gigerenzer - Decision Making |
Dr. Gigerenzer is one of the leading researchers in the field of human decision making. His research tries to find the mechanisms by which humans make decisions in real-world situations. Unlike many other models, Dr. Gigerenzer's approach... |
Gerd Gigerenzer |
goCognitive |
|
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 |
How I got into decision making |
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. |
Gerd Gigerenzer |
goCognitive |
00:02:49 |
Interdisciplinarity |
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... |
Gerd Gigerenzer |
goCognitive |
00:04:37 |
Medical decision making |
How are heuristics helpful in real-word situations? Dr. Gigerenzer describes how simple heuristics can improve medical decision making over much more complex solutions. By ignoring much of the available information, simple heuristics often are... |
Gerd Gigerenzer |
goCognitive |
00:07:37 |
Risk communication |
Dr. Gigerenzer explains how the communication of risk is a central problem in medical decision making - both on the side of the doctors as well as the patients. Risk illiteracy often leads to faulty decision making with severe consequences for the... |
Gerd Gigerenzer |
goCognitive |
00:10:29 |
Selection of heuristics |
Sometimes, more than one heuristic could be applied in a given situation. In these cases a decision has to be made which heuristic to go with. Dr. GIgerenzer explains how these conflicts are resolved. |
Gerd Gigerenzer |
goCognitive |
00:04:16 |