risk savvy

Review From User :

I was in favor of Kahneman & Tversky ecole, a branch of bounded rationality called "cognitive biases and heuristics" until I read this book. Now I am noticed that there is another point of view called "fast and frugal heuristics", led by Gerd Gigerenzer. This book partially explains this approach, which shows that some rule of thumbs relying on heuristics may perform better than a complex strategy suggested for a problem. I have also become aware of demarcation between risk and uncertainty by reading this book. Moreover, I think the book fulfils its purpose, making the reader a risk savvy person.

I strongly recommend this book, for both people interested in a life with risk literacy and experts studying risk, cognition or safety management issues (including medical doctors).


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