|
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 |
|
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 |
|
The history of decision making |
The history of decision making goes back to the 1600s – to Descartes and Pointcarre who created a first ‘calculus’ of decision making. The modern view of decision making that takes into consideration of human information processing and the use of... |
Gerd Gigerenzer |
goCognitive |
00:04:26 |
|
The mind as an adaptive toolbox |
Dr. Gigerenzer describes his view of the mind as a collection of cognitive abilities that reflect both the result of evolution as well as the personal experiences of an individual within their specific environment. |
Gerd Gigerenzer |
goCognitive |
00:04:10 |
|
When are heuristics superior |
Against popular belief, there are instances where simple heuristics are not only faster and easier to apply, but they can reliably outperform more complex and exhaustive algorithms. The reason for this is uncertainty of natural environments and the... |
Gerd Gigerenzer |
goCognitive |
00:06:46 |
