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Taming uncertainty
Hertwig R., Pleskac T., Pachur T., Center for Adaptive Rationality ., The MIT Press, Cambridge, MA, 2019. 488 pp. Type: Book (978-0-262039-87-1), Reviews: (2 of 2)
Humans are not the rational optimizers posited by classical economics or the axiomatic game theory of von Neumann and Morgenstern. Since 2012, the Center for Adaptive Rationality at the Max Planck Institute for Human Development in Ber...
...
Aug 13 2020
Taming uncertainty
Hertwig R., Pleskac T., Pachur T., Center for Adaptive Rationality ., The MIT Press, Cambridge, MA, 2019. 488 pp. Type: Book (978-0-262039-87-1), Reviews: (1 of 2)
Dealing with uncertainty lies at the heart of what it means to be human. Every day we use limited information to make decisions on the basis of predicted future events, which are themselves shrouded in uncertainty. While many of the de...
...
Jan 21 2020
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