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Gerd Gigerenzer
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 and director of the Harding Center for Risk Literacy, both in Berlin. Gigerenzer investigates how humans make inferences about their world with limited time and knowledge. He proposes that, in an uncertain world, probability theory is not sufficient; people also use smart heuristics, that is, rules of thumb. He conceptualizes rational decisions in terms of the ''adaptive toolbox'' (the repertoire of heuristics an individual or institution has) and the ability to choose a good heuristics for the task at hand. A heuristic is called ecologically rational to the degree that it is adapted to the structure of an environment. Gigerenzer argues that heuristics are not irrational or always second-best t ...
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Wallersdorf
Wallersdorf is a market town and municipality in the district of Dingolfing-Landau in Bavaria in Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe .... References Dingolfing-Landau {{DingolfingLandau-geo-stub ...
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Berlin
Berlin ( , ) is the capital and List of cities in Germany by population, largest city of Germany by both area and population. Its 3.7 million inhabitants make it the European Union's List of cities in the European Union by population within city limits, most populous city, according to population within city limits. One of Germany's States of Germany, sixteen constituent states, Berlin is surrounded by the Brandenburg, State of Brandenburg and contiguous with Potsdam, Brandenburg's capital. Berlin's urban area, which has a population of around 4.5 million, is the second most populous urban area in Germany after the Ruhr. The Berlin/Brandenburg Metropolitan Region, Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Metropolitan regions in Germany, Germany's third-largest metropolitan region after the Rhine-Ruhr and Frankfurt Rhine-Main, Rhine-Main regions. Berlin straddles the banks of the Spree (river), Spree, which flows into the Havel (a tributary of ...
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Signal-detection Theory
Detection theory or signal detection theory is a means to measure the ability to differentiate between information-bearing patterns (called stimulus in living organisms, signal in machines) and random patterns that distract from the information (called noise, consisting of background stimuli and random activity of the detection machine and of the nervous system of the operator). In the field of electronics, signal recovery is the separation of such patterns from a disguising background. According to the theory, there are a number of determiners of how a detecting system will detect a signal, and where its threshold levels will be. The theory can explain how changing the threshold will affect the ability to discern, often exposing how adapted the system is to the task, purpose or goal at which it is aimed. When the detecting system is a human being, characteristics such as experience, expectations, physiological state (e.g., fatigue) and other factors can affect the threshold app ...
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Fast-And-Frugal Trees
In the study of decision-making, a fast-and-frugal tree is a simple graphical structure that categorizes objects by asking one question at a time. These decision trees are used in a range of fields: psychology, artificial intelligence, and management science. Unlike other decision or classification trees, such as Leo Breiman's CART, fast-and-frugal trees are intentionally simple, both in their construction as well as their execution, and operate speedily with little information. For this reason, fast-and-frugal-trees are potentially attractive when designing resource-constrained tasks Laura Martignon, Vitouch, Takezawa and Forster first introduced both the concept and the term in 2003;Martignon, Laura; Vitouch, Oliver; Takezawa, Masanori; Forster, Malcolm"Naive and Yet Enlightened: From Natural Frequencies to Fast and Frugal Decision Trees" published in ''Thinking : Psychological perspectives on reasoning, judgement and decision making'' (David Hardman and Laura Macchi; e ...
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Take-the-best Heuristic
In psychology, the take-the-best heuristic is a heuristic (a simple strategy for decision-making) which decides between two alternatives by choosing based on the first cue that discriminates them, where cues are ordered by cue validity (highest to lowest). In the original formulation, the cues were assumed to have binary values (yes or no) or have an unknown value. The logic of the heuristic is that it bases its choice on the ''best'' cue (reason) only and ignores the rest. Psychologists Gerd Gigerenzer and Daniel Goldstein discovered that the heuristic did surprisingly well at making accurate inferences in real-world environments, such as inferring which of two cities is larger. The heuristic has since been modified and applied to domains from medicine, artificial intelligence, and political forecasting. It has also been shown that the heuristic can accurately model how experts, such as airport customs officers and professional burglars, make decisions. The heuristic can also ...
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Recognition Heuristic
The recognition heuristic, originally termed the recognition principle, has been used as a model in the psychology of judgment and decision making and as a heuristic in artificial intelligence. The goal is to make inferences about a criterion that is not directly accessible to the decision maker, based on recognition retrieved from memory. This is possible if recognition of alternatives has relevance to the criterion. For two alternatives, the heuristic is defined as: β, and α, β are independent of n, then a less-is-more effect will be observed. Here, β is the knowledge validity, measured as C/(C+W) for all pairs in which both alternatives are recognized, and n is the number of alternatives an individual recognizes. A less-is-more effect means that the function between accuracy and n is inversely U-shaped rather than monotonically increasing. Some studies reported less-is-more effects empirically among two, three, or four alternatives and in group decisions), whereas others faile ...
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University Of Virginia
The University of Virginia (UVA) is a public research university in Charlottesville, Virginia. Founded in 1819 by Thomas Jefferson, the university is ranked among the top academic institutions in the United States, with highly selective admission. Set within the Academical Village, a UNESCO World Heritage Site, the university is referred to as a "Public Ivy" for offering an academic experience similar to that of an Ivy League university. It is known in part for certain rare characteristics among public universities such as its historic foundations, student-run honor code, and secret societies. The original governing Board of Visitors included three U.S. presidents: Jefferson, James Madison, and James Monroe. The latter as sitting President of the United States at the time of its foundation. As its first two rectors, Presidents Jefferson and Madison played key roles in the university's foundation, with Jefferson designing both the original courses of study and the u ...
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University Of Chicago
The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private university, private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park, Chicago, Hyde Park neighborhood. The University of Chicago is consistently ranked among the best universities in the world and it is among the most selective in the United States. The university is composed of College of the University of Chicago, an undergraduate college and five graduate research divisions, which contain all of the university's graduate programs and interdisciplinary committees. Chicago has eight professional schools: the University of Chicago Law School, Law School, the Booth School of Business, the Pritzker School of Medicine, the Crown Family School of Social Work, Policy, and Practice, the Harris School of Public Policy, the University of Chicago Divinity School, Divinity School, the Graham School of Continuing Liberal and Professional Studies, and the Pritzker School of ...
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University Of Salzburg
The University of Salzburg (german: Universität Salzburg), also known as the Paris Lodron University of Salzburg (''Paris-Lodron-Universität Salzburg'', PLUS), is an Austrian public university in Salzburg municipality, Salzburg state, named after its founder, Prince-Archbishop Paris Lodron. Established in 1622, the university was closed in 1810 and re-established in 1962. Nowadays, it has around 18,000 students and 2,800 employees; it is the largest educational institution in Salzburg state. It is divided into six faculties: Catholic Theology, Law and Economics, Cultural Sciences, Social Sciences, Natural Sciences, Analytical and Life Sciences. Benedictine University On 23 July 1622, Archbishop Paris Lodron appointed the scholar Albert Keuslin first rector of the Benedictine university. Keuslin, a graduate of the Jesuit University of Dillingen, had established the ''Akademisches Gymnasium'', a secondary school, at Salzburg five years earlier. By resolution of Emperor Fe ...
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University Of Konstanz
The University of Konstanz (german: Universität Konstanz) is a university in the city of Konstanz in Baden-Württemberg, Germany. Its main campus was opened on the Gießberg in 1972 after being founded in 1966. The university is Germany's southernmost university and is situated on the shore of Lake Constance just four kilometres from the Swiss border. It has been successful in all three funding lines of the Excellence Initiative, and is therefore one of Germany's elite "Universities of Excellence", a group of prestigious universities often considered the German Ivy League. The university is ranked in top 100 worldwide in the field of social policy and administration in the 2020 QS World University Rankings, and ranked 51 in Political Science according to the 2020 ShanghaiRanking. The U.S. Department of Energy also refers to the University of Konstanz as a "small Harvard". Moreover, the University of Konstanz cooperates with a large number of renowned institutions, such a ...
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Habilitation
Habilitation is the highest university degree, or the procedure by which it is achieved, in many European countries. The candidate fulfills a university's set criteria of excellence in research, teaching and further education, usually including a dissertation. The degree, abbreviated "Dr. habil." (Doctor habilitatus) or "PD" (for "Privatdozent"), is a qualification for professorship in those countries. The conferral is usually accompanied by a lecture to a colloquium as well as a public inaugural lecture. History and etymology The term ''habilitation'' is derived from the Medieval Latin , meaning "to make suitable, to fit", from Classical Latin "fit, proper, skillful". The degree developed in Germany in the seventeenth century (). Initially, habilitation was synonymous with "doctoral qualification". The term became synonymous with "post-doctoral qualification" in Germany in the 19th century "when holding a doctorate seemed no longer sufficient to guarantee a proficient transfer ...
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Psychology
Psychology is the scientific study of mind and behavior. Psychology includes the study of conscious and unconscious phenomena, including feelings and thoughts. It is an academic discipline of immense scope, crossing the boundaries between the natural and social sciences. Psychologists seek an understanding of the emergent properties of brains, linking the discipline to neuroscience. As social scientists, psychologists aim to understand the behavior of individuals and groups.Fernald LD (2008)''Psychology: Six perspectives'' (pp.12–15). Thousand Oaks, CA: Sage Publications.Hockenbury & Hockenbury. Psychology. Worth Publishers, 2010. Ψ (''psi''), the first letter of the Greek word ''psyche'' from which the term psychology is derived (see below), is commonly associated with the science. A professional practitioner or researcher involved in the discipline is called a psychologist. Some psychologists can also be classified as behavioral or cognitive scientists. Some psychol ...
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