Is gut feeling more reliable than Big Data? The research of Prof. Dr Gerd Gigerenzer, Director of the Max Planck Institute for Human Development in Berlin, has attracted worldwide attention for the insights revealed on how people approach risk and decision-making in extreme situations. Though unwelcome to the disciples of global homo oeconomicus and Big Data, Director Gigerenzer has demonstrated how relying on gut feeling can absolutely be the right way to go in highly tricky situations, even when facing extreme risk. Partner David Suedi of our firm had the privilege of interviewing Dr Gigerenzer on this very topic: decision-making in extreme situations. test
*Video only in German
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