
Gerd Gigerenzer on Gut Feelings
EconTalk
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Navigating Decision-Making Heuristics
This chapter examines the complexities of medical decision-making and the role of heuristics in effective choices, contrasting traditional practices with modern approaches. It critiques paternalism in decision-making and discusses the impact of context and framing in influencing choices, particularly in healthcare. Through various examples, including economic behavior and emergency situations, the chapter underscores the importance of understanding human cognition and the nuances in decision-making processes.
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