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Gerd Gigerenzer (born 3 September 1947) is a German psychologist who has studied the use of bounded rationality and heuristics in decision making.Gigerenzer is director emeritus of the Center for Adaptive Behavior and Cognition (ABC) at the Max Planck Institute for Human Development, [1] Berlin, director of the Harding Center for Risk Literacy, [2] University of Potsdam, and vice president of ...
New research shows how outdoor parks provide opportunities for children to engage in risky play and develop independence and problem-solving skills.
In this phase of decision making, it is important to neither take counsel excessively of your fears nor become emotionally involved in an unrealistic result. 9 Lessons for Making High Risk ...
As these decisions became theirs to make, anxiety decreased, and emotional regulation improved. And as my kids felt more in control, so did I. What this means for us today. My son, now 7, is thriving.
Several brain areas are observed in the expression of risk-averse behaviour. The previously mentioned orbitofrontal cortex is amongst these brain areas, supporting the feeling of regret. Regret, an emotion which heavily influences decision making, leads individuals to make decisions which circumvent encountering this emotion in the future.
The first step in confronting a hard choice is to make a map "to describe the literal and figurative terrain around you: taking inventory of all the forces at play; sketching out all the regions that are visible, and at least acknowledging the blind spots; charting the potential paths you can take in navigating the space."
A Squared Entertainment LLC There's no question that America's young people are desperately in need of financial education. Some schools wedge lessons about interest and savings into math classes ...
Decision analysis (DA) is the discipline comprising the philosophy, methodology, and professional practice necessary to address important decisions in a formal manner. . Decision analysis includes many procedures, methods, and tools for identifying, clearly representing, and formally assessing important aspects of a decision; for prescribing a recommended course of action by applying the ...