Uncertainty in Decision Making
Decision-making in uncertainty is often underlined by the same concept – simplicity. Simple Heuristics Gerd Gigerenzer is a member of a group of interdisciplinary scientists at the Max Planck Institute for Human Development. His basic premise for making better decisions is to follow simple heuristics. Raab, M., & Gigerenzer, G. (2016). The power of simplicity: … Read more