This game-changing book empowers readers to become confident, independent, wise decision-makers-- savvy to how our emotions, moods, and habits can trip us up. An investor wonders whether to put his money into the stock market or to keep it in a savings account. A patient is torn…
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Offers advice for becoming a competent, empowered decision-maker, citing recent research to suggest ways of making sound choices in spite of emotions and habits that tend to hinder judgment.
This book offers a treatment for the disease of statistical illiteracy. It is aimed at helping us understand risks in the real world, it shows how a proper understanding of uncertainties can make the difference between hope and despair.derstanding uncertainties in the real world…
However much we crave certainty, we live in an uncertain world. But are we guilty of wildly exaggerating the chances of some unwanted event happening to us? Are ordinary people idiots when reasoning with risk? Far too many of us, argues Gerd Gigerenzer, are hampered by our own i…
This book explores the factors which govern the range of educational decisions confronting individuals between compulsory school education and university. The data on which it draws come from two surveys conducted in north-west Italy, one of unemployed young people and one of hi…
"Midbrain Mutiny examines different economic models of disordered gambling, using the frameworks of neuroeconomics (which analyzes decision making in the brain) and picoeconomics (which analyzes patterns of consumption behavior), and drawing on empirical evidence about behavior …
An analysis of how economic theories can be used to understand disordered and pathological gambling that calls on empirical evidence about behavior and the brain and argues that addictive gambling is the basic form of all addiction.