"Amos Tversky was one of the most important social scientists of the last century. This extraordinary collection demonstrates his range and brilliance, and in particular his genius for showing how and why human intuitions go wrong. Is there a 'hot hand' in basketball? Is arthritis pain related to the weather? Why do we exaggerate certain risks? Why are some conflicts so hard to resolve? Tversky's answers will surprise you. Indispensable reading, and full of implications, for everyone interested in social science."--Cass R. Sunstein, Law School and Department of Political Science, University of Chicago "For legal academics and policy makers who think that the use of heuristics leads to suboptimal decision making and the possibility of exploitation, this book opens a window onto a more charitable view of heuristics: that they are fast and frugal decision-making techniques that may outperform statistical methods that purport to evaluate a fuller set of informational cues. It provides not just a conceptual overview of alternative understandings of heuristics but a number of interesting hypotehses about jurisprudence, rules of evidence and jury behavior, and barriers to implementation of formal legal dommands." -- Mark Kelman, William Nelson Cromwell Professor of Law and Vice Dean, Stanford Law School
Gerd Gigerenzer is Director at the Max Planck Institute for Human
Development, Berlin. He is the author of Calculated Risks, among
other books, and the coeditor of Bounded Rationality- The Adaptive
Toolbox and Heuristics and the Law, both published by the MIT
Press.
Christoph Engel is Director of the Max Planck Institute for
Research on Collective Goods, Bonn, and a member of the Faculty of
Law and Economics at the University of Bonn. He is the author of
Generating Predictability- Institutional Analysis and Design and
other books.
"Amos Tversky was one of the most important social scientists of the last century. This extraordinary collection demonstrates his range and brilliance, and in particular his genius for showing how and why human intuitions go wrong. Is there a 'hot hand' in basketball? Is arthritis pain related to the weather? Why do we exaggerate certain risks? Why are some conflicts so hard to resolve? Tversky's answers will surprise you. Indispensable reading, and full of implications, for everyone interested in social science."--Cass R. Sunstein, Law School and Department of Political Science, University of Chicago
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