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Risk Savvy: How to Make Good Decisions Hardcover – April 17, 2014

4.4 out of 5 stars 167 ratings

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Editorial Reviews

From Booklist

Numbers may not lie, but they are certainly often misunderstood, according to German psychologist and risk analyst Gigerenzer. We make poor decisions on an array of issues, from health-care screenings to investment decisions to planned outings, because we blindly rely on data that may be incorrectly interpreted and reported. Gigerenzer draws on psychology, sociology, and math to explain how data can start off clear and end up murky by the time it reaches its intended audience, leaving us helpless to make sound decisions about the risks involved. He notes that the risk of cancer is often misinterpreted and can lead to overzealous screenings and that Americans irrationally refused to fly after the 9/11 terrorist attacks even though the risk of being killed in an auto accident is much greater. Gigerenzer cautions readers to always look for a reference point when data is quoted and to understand the difference between relative and absolute risk. This is a highly accessible look at the importance of data and the equally great importance of clearly understanding data. --Vanessa Bush

About the Author

Gerd Gigerenzer is the author of Gut Feelings. He is currently the director of the Max Planck Institute for Human Development in Berlin, Germany, and lectures around the world on the importance of proper risk education for everyone from school-age children to prominent doctors, bankers, and politicians.

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Customer reviews

4.4 out of 5 stars
4.4 out of 5
167 customer ratings
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Reviewed in the United States on April 18, 2014
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66 people found this helpful
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Reviewed in the United States on April 30, 2017
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Reviewed in the United States on June 3, 2017
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Top international reviews

Susan Stepney
4.0 out of 5 stars there is much good material in here
Reviewed in the United Kingdom on January 1, 2020
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John Oldham
5.0 out of 5 stars Fascinating and informative
Reviewed in the United Kingdom on March 7, 2018
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Ita
4.0 out of 5 stars Trust Your Gut Feelings
Reviewed in the United Kingdom on July 7, 2014
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7 people found this helpful
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John
2.0 out of 5 stars Too Much Repetition and 'Filling'
Reviewed in the United Kingdom on October 30, 2015
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Teo
5.0 out of 5 stars Very informative and impactful
Reviewed in the United Kingdom on April 15, 2019
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Mark D
5.0 out of 5 stars Gradually society is becoming less reliant on authority figures and able to make better choices on a personal level
Reviewed in the United Kingdom on January 23, 2016
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H. F. R. Schoeyer
5.0 out of 5 stars This book helps you not to be mislead by statistics
Reviewed in the United Kingdom on January 15, 2015
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Lee Griffin
5.0 out of 5 stars Excellent book on thinking about risk and uncertainty
Reviewed in the United Kingdom on March 4, 2015
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Mike Partner
5.0 out of 5 stars If you value your life read it!
Reviewed in the United Kingdom on December 6, 2015
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R. A. Angel
5.0 out of 5 stars Essential reading
Reviewed in the United Kingdom on November 19, 2019
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T. C. Hole
5.0 out of 5 stars Behavioural Science with meaningful takeaway.
Reviewed in the United Kingdom on February 4, 2016
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morebyless
5.0 out of 5 stars Straight to the point
Reviewed in the United Kingdom on June 11, 2014
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Elliott Moore
5.0 out of 5 stars Should be mandatory reading for anyone that uses/reads statistics on a daily basis
Reviewed in the United Kingdom on May 23, 2017
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Filip
4.0 out of 5 stars a good read
Reviewed in the United Kingdom on August 20, 2018
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nicolaterry
4.0 out of 5 stars ... of common sense in it - but still a good read, sometimes even shocking
Reviewed in the United Kingdom on August 11, 2014
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