#6 Dropping in: Legends in Risk Management with Gerd Gigerenzer

In this video, I have a conversation with Gerd Gigerenzer, a behavioural scientist and professor of psychology. Gerd is the author of multiple books, including Risk Savvy: How to Make Good Decisions and How to Stay Smart in a Smart World, and has presented his ideas on risk literacy on TedTalks. Learn what it takes to become risk savvy and why heuristics, i.e. rules of thumb, have an important role as we navigate an uncertain world. Gerd challenges several received wisdoms, including the idea that optimization is a useful approach and that more information is always better.