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Gut Feelings: The Intelligence of the Unconscious
An engaging explanation of the science behind Malcolm Gladwell’s bestselling Blink Gerd Gigerenzer is one of the researchers of behavioral intuition responsible for the science behind Malcolm Gladwell’s bestseller Blink. Gladwell showed us how snap decisions often yield better results than careful analysis. Now, Gigerenzer explains why our intuition is such a powerful decision-making tool. Drawing on a decade of research at the Max Plank Institute, Gigerenzer demonstrates that our gut feelings are actually the result of unconscious mental processes—processes that apply rules of thumb that we’ve derived from our environment and prior experiences. The value of these unconscious rules lies precisely in their difference from rational analysis—they take into account only the most useful bits of information rather than attempting to evaluate all possible factors. By examining various decisions we make—how we choose a spouse, a stock, a medical procedure, or the answer to a million-dollar game show question—Gigerenzer shows how gut feelings not only lead to good practical decisions, but also underlie the moral choices that make our society function. In the tradition of Blink and Freakonomics, Gut Feelings is an exploration of the myriad influences and factors (nature and nurture) that affect how the mind works, grounded in cutting-edge research and conveyed through compelling real-life examples..
Price: $6.95
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Simple Heuristics That Make Us Smart
Simple Heuristics That Make Us Smart invites readers to embark on a new journey into a land of rationality that differs from the familiar territory of cognitive science and economics. Traditional views of rationality tend to see decision makers as possessing superhuman powers of reason, limitless knowledge, and all of eternity in which to ponder choices. To understand decisions in the real world, we need a different, more psychologically plausible notion of rationality, and this book provides it. It is about fast and frugal heuristics--simple rules for making decisions when time is pressing and deep thought an unaffordable luxury. These heuristics can enable both living organisms and artificial systems to make smart choices, classifications, and predictions by employing bounded rationality. But when and how can such fast and frugal heuristics work? Can judgments based simply on one good reason be as accurate as those based on many reasons? Could less knowledge even lead to systematically better predictions than more knowledge? Simple Heuristics explores these questions, developing computational models of heuristics and testing them through experiments and analyses. It shows how fast and frugal heuristics can produce adaptive decisions in situations as varied as choosing a mate, dividing resources among offspring, predicting high school drop out rates, and playing the stock market. As an interdisciplinary work that is both useful and engaging, this book will appeal to a wide audience. It is ideal for researchers in cognitive psychology, evolutionary psychology, and cognitive science, as well as in economics and artificial intelligence. It will also inspire anyone interested in simply making good decisions..
Price: $29.15
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Calculated Risks: How to Know When Numbers Deceive You
In the tradition of Innumeracy by John Allen Paulos, German scientist Gerd Gigerenzer offers his own take on numerical illiteracy. "In Western countries, most children learn to read and write, but even in adulthood, many people do not know how to think with numbers," he writes. "I focus on the most important form of innumeracy in everyday life, statistical innumeracy--that is, the inability to reason about uncertainties and risk." The author wisely uses concrete examples from the real world to make his points, and he shows the devastating impact of this problem. In one example, he describes a surgeon who advised many of his patients to accept prophylactic mastectomies in order to dodge breast cancer. In a two-year period, this doctor convinced 90 "high-risk" women without cancer to sacrifice their breasts "in a heroic exchange for the certainty of saving their lives and protecting their loved ones from suffering and loss." But Gigerenzer shows that the vast majority of these women (84 of them, to be exact) would not have developed breast cancer at all. If the doctor or his patients had a better understanding of probabilities, they might have chosen a different course. Fans of Innumeracy will enjoy Calculated Risks, as will anyone who appreciates a good puzzle over numbers. --John Miller.
Price: $13.96
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Bounded Rationality: The Adaptive Toolbox
In a complex and uncertain world, humans and animals make decisions under the constraints of limited knowledge, resources, and time. Yet models of rational decision making in economics, cognitive science, biology, and other fields largely ignore these real constraints and instead assume agents with perfect information and unlimited time. About forty years ago, Herbert Simon challenged this view with his notion of "bounded rationality." Today, bounded rationality has become a fashionable term used for disparate views of reasoning. This book promotes bounded rationality as the key to understanding how real people make decisions. Using the concept of an "adaptive toolbox," a repertoire of fast and frugal rules for decision making under uncertainty, it attempts to impose more order and coherence on the idea of bounded rationality. The contributors view bounded rationality neither as optimization under constraints nor as the study of people?s reasoning fallacies. The strategies in the adaptive toolbox dispense with optimization and, for the most part, with calculations of probabilities and utilities. The book extends the concept of bounded rationality from cognitive tools to emotions; it analyzes social norms, imitation, and other cultural tools as rational strategies; and it shows how smart heuristics can exploit the structure of environments..
Price: $25.43
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The Empire of Chance: How Probability Changed Science and Everyday Life (Ideas in Context)
This book tells how quantitative ideas of chance have transformed the natural and social sciences as well as everyday life over the past three centuries A continuous narrative connects the earliest application of probability and statistics in gambling and insurance to the most recent forays into law, medicine, polling, and baseball. Separate chapters explore the theoretical and methodological impact on biology, physics, and psychology. In contrast to the literature on the mathematical development of probability and statistics, this book centers on how these technical innovations recreated our conceptions of nature, mind, and society..
Price: $29.95
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Adaptive Thinking: Rationality in the Real World (Evolution and Cognition Series)
Where do new ideas come from? What is social intelligence? Why do social scientists perform mindless statistical rituals? This vital book is about rethinking rationality as adaptive thinking: to understand how minds cope with their environments, both ecological and social. Gerd Gigerenzer proposes and illustrates a bold new research program that investigates the psychology of rationality, introducing the concepts of ecological, bounded, and social rationality. His path-breaking collection takes research on thinking, social intelligence, creativity, and decision-making out of an ethereal world where the laws of logic and probability reign, and places it into our real world of human behavior and interaction. Adaptive Thinking is accessibly written for general readers with an interest in psychology, cognitive science, economics, sociology, philosophy, artificial intelligence, and animal behavior. It also teaches a practical audience, such as physicians, AIDS counselors, and experts in criminal law, how to understand and communicate uncertainties and risks..
Price: $26.16
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Heuristics and the Law (Dahlem Workshop Reports)
In recent decades, the economists' concept of rational choice has dominated legal reasoning. And yet, in practical terms, neither the lawbreakers the law addresses nor officers of the law behave as the hyperrational beings postulated by rational choice. Critics of rational choice and believers in "fast and frugal heuristics" propose another approach: using certain formulations or general principles (heuristics) to help navigate in an environment that is not a well-ordered setting with an occasional disturbance, as described in the language of rational choice, but instead is fundamentally uncertain or characterized by an unmanageable degree of complexity. This is the intuition behind behavioral law and economics. In Heuristics and the Law, experts in law, psychology, and economics explore the conceptual and practical power of the heuristics approach in law. They discuss legal theory; modeling and predicting the problems the law purports to solve; the process of making law, in the legislature or in the courtroom; the application of existing law in the courts, particularly regarding the law of evidence; and implementation of the law and the impact of law on behavior. Contributors: Ronald J. Allen, Hal R. Arkes, Peter Ayton, Susanne Baer, Martin Beckenkamp, Robert Cooter, Leda Cosmides, Mandeep K. Dhami, Robert C. Ellickson, Christoph Engel, Richard A. Epstein, Wolfgang Fikentscher, Axel Flessner, Robert H. Frank, Bruno S. Frey, Gerd Gigerenzer, Paul W. Glimcher, Daniel G. Goldstein, Chris Guthrie, Jonathan Haidt, Reid Hastie, Ralph Hertwig, Eric J. Johnson, Jonathan J. Koehler, Russell Korobkin, Stephanie Kurzenhäuser, Douglas A. Kysar, Donald C. Langevoort, Richard Lempert, Stefan Magen, Callia Piperides, Jeffrey J. Rachlinski, Clara Sattler de Sousa e Brito, Joachim Schulz, Victoria A. Shaffer, Indra Spiecker genannt Döhmann, John Tooby, Gerhard Wagner, Elke U. Weber, Bernd Wittenbrink.
Price: $28.55
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The Probabilistic Revolution, Volume 2: Ideas in the Sciences (Bradford Books)
Winner in the category of Psychology in the 1987 Professional/Scholarly Publishing Annual Awards Competition presented by the Association of American Publishers, Inc. This monumental work traces the rise, the transformation, and the diffusion of probabilistic and statistical thinking in the nineteenth and twentieth centuries. The contributors - scientists, historians, and philosophers of science from eight countries make it possible for readers trained in many disciplines to see why the probabilistic revolution has been so complete and so successful. Lorenz Krüger, and Michael Heidelberger are philosophers of science at Gottingen University. Lorraine J. Daston is a historian at Brandeis University. Gerd Gigerenzer is a psychologist at the University of Constance, and Mary S. Morgan is an economist at York University..
Price: $37.96
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