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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 ...
Risk is an everyday part of life, from driving a car to buying a house at auction or climbing a ladder. We cannot eliminate risk, so we need to learn how to navigate it.
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 ...
The Good Behavior Game (GBG) is a "classroom-level approach to behavior management" [26] that was originally used in 1969 by Barrish, Saunders, and Wolf. The Game entails the class earning access to a reward or losing a reward, given that all members of the class engage in some type of behavior (or did not exceed a certain amount of undesired ...
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.
It's never too early to start teaching your children about money and the value of financial health. Start simple by assigning chores and setting an allowance that can be earned once tasks are ...
Teachers acknowledge repetitive behaviors, maintaining an appreciation of good conduct. Disciplinary action must be applied throughout the classroom so all students believe that the rules matter. Simply offering rewards and consequences is not always sufficient; teachers must earn students' respect and trust.
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