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Gerd Gigerenzer

  • Leonid Panichhas quotedlast year
    Science has not one method, but many. These include observation in the natural world, experimentation in the laboratory, mathematical proof, computer simulation with real data, analysis of surveys and demographical statistics, and thought experiments for the great geniuses, such as Galileo and Einstein.
  • Leonid Panichhas quotedlast year
    Omniscience, omnipotence, and determinism are ideals that have shaped many theories of rationality.
  • Leonid Panichhas quotedlast year
    Blaise Pascal and Pierre Fermat have been credited with this more modest view of rationality, defined as the maximization of the expected value, later changed by Daniel Bernoulli to the maximization of expected utility
  • Leonid Panichhas quotedlast year
    Optimization refers to a strategy for solving a problem, not to an outcome. An optimal strategy is the best for a given class of problems (but not necessarily a perfect one, for it can lead to errors). To refer to a strategy as optimal, one must be able to prove that there is no better strategy
  • Leonid Panichhas quotedlast year
    Models of search specify a searching direction (where to look for information) and a stopping rule (when to stop search).
  • Leonid Panichhas quotedlast year
    The structure of natural environments, however, is ecological rather than logical.
  • Leonid Panichhas quotedlast year
    The adaptive toolbox contains the building blocks for fast and frugal heuristics.
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