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Management Research

Business:Management

Management Research: Heuristics as a Necessary Evolutionary Mechanism

2023-02-06

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Hello dear listeners

Today, I talk again about heuristics. This time, however, we take the point of view of Gerd Gigerenzer - a big proponent of Systems 1 thinking. Professor Gigerenzer criticised the approach by Kahneman and Tversky and showed how to "make the bias disappear".

Enjoy and apply this approach to make good/better decisions!

Best

Eugene (Yevgen)