---
product_id: 104905984
title: "Risk Savvy: How to Make Good Decisions Kindle Edition"
brand: "gerd gigerenzer"
price: "₨169"
currency: SCR
in_stock: true
reviews_count: 8
url: https://www.desertcart.sc/products/104905984-risk-savvy-how-to-make-good-decisions-kindle-edition
store_origin: SC
region: Seychelles
---

# Risk Savvy: How to Make Good Decisions Kindle Edition

**Brand:** gerd gigerenzer
**Price:** ₨169
**Availability:** ✅ In Stock

## Quick Answers

- **What is this?** Risk Savvy: How to Make Good Decisions Kindle Edition by gerd gigerenzer
- **How much does it cost?** ₨169 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.sc](https://www.desertcart.sc/products/104905984-risk-savvy-how-to-make-good-decisions-kindle-edition)

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- gerd gigerenzer enthusiasts

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## Description

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## Customer Reviews

### ⭐⭐⭐⭐⭐ 







  
  
    Informative, contrarian, fun to read
  

*by G***M on Reviewed in the United States on April 18, 2014*

Risk Savvy is a book in the behavioral economics & decision making genre. Other books in this genre include Thinking Fast and Slow, Predictably Irrational, the Signal and the Noise, works of Nassim Taleb. The book is a distillation of the author's extensive research & consulting experiences. It's very well written. It has a lot of interesting anecdotes and sound advice. It's fun and informative.The core thesis of the book is that heuristics are powerful. Why? For one, they deal with noise (& overfit!) extremely well, which is abundant in modern life. Two, in domains where we know little, a heuristic may give you expert-level performance. The author even suggests developing correct heuristics is essentially what an expert does! So, as an individual, if you work on refining the heuristics you follow, you can make better decisions in life. The book is full of examples and suggestions for various domains.Regarding content, the section on health care was an eye-opener for me. Comparing the medical industry with the financial industry, exposing the statistical illiteracy of doctors & incentives are truly revealing regarding what's wrong with the US health care system. Most important message? Put test results in statistical context. Don't get overtested to avoid the problem of false positives & unnecessary treatments. This book will likely change the way you seek health care.The author's thoughts regarding teaching risk literacy to wide swathes of population are commendable. Decision making, though extremely important, is a skill few of us master. I highly recommend Risk Savvy and the other mentioned works to those who want to make better decisions.PS: I'd like to thank the author for writing a popular book that plays the devil's advocate against the skeptics of human rationality. After reading his arguments, I'm convinced that human beings aren't necessarily irrational, rather we're untrained to make sound decisions in a complex world. This book provides that kind of training.

### ⭐ 







  
  
    Very disappointed!
  

*by E***R on Reviewed in the United States on April 30, 2017*

I read and was impressed with the author's book 'Gut Feelings'. This book was a total disappointment becausethe material was almost the same. Different organization, mixed with  some different stories but basically thesame material as with the other book. So if you read one book you do not need to read the other. Between the two I recommendthe other book. This book was like a collection of articles about the subject randomly put toghether without any architecture andintegration into a whole. I got the feeling that either publisher tried to make a quick buck or the author tried to proliferate his numberof books in a 'fast and frugal' way. Maybe the 'rule of thumb' is that all that do not matter much for the majority. I am surprized withhigh recommendations written about this book, and than again I am a little bit suspicious about the sincerety of these reviewers!I wish I never read this book and  maintained a very high level of impression about the author which I had after reading the 'Gut Feelings'.

### ⭐⭐⭐ 







  
  
    Valuable, but mostly regurgitation of earlier book, with some new insights
  

*by P***L on Reviewed in the United States on June 3, 2017*

This book contains most valuable information, but it is largely a regurgitation of Gigerenzer's earlier book, Calculated Risks. Risk Savvy is not as well organized as Calculated Risks, but it is similarly repetitive. As in Calculated Risks, he explains the difference between risk and uncertainty, teaches the important of presenting risk in terms of reference classes and natural frequencies (instead of percentages or fractions), and uses such examples as medical tests. Many of the examples or even quotes he uses are the same. The novel information in Risk Savvy is about decision-making under uncertainty. He argues that intuition and/or simple rules of thumb are often more useful than complicated decision-making strategies (when risks are unknown and there is much uncertainty, etc.). He explains under what conditions intuition or simple rules of thumb are preferable, and he provides useful arguments and examples in such areas as investing and choosing a meal at a restaurant. This book could have been a couple of additional chapters to Calculated Risks, not a whole new book.

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*Product available on Desertcart Seychelles*
*Store origin: SC*
*Last updated: 2026-02-17*