An edition of Calculated Risks (2002)

Calculated Risks

How To Know When Numbers Deceive You

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Last edited by MARC Bot
August 9, 2025 | History
An edition of Calculated Risks (2002)

Calculated Risks

How To Know When Numbers Deceive You

  • 2 Want to read

Gigerenzer explains that a major obstacle to our understanding of numbers is that we live with an illusion of certainty. Many of us believe that HIV tests, DNA fingerprinting, and the growing number of genetic tests are absolutely certain. But even DNA evidence can produce spurious matches. We cling to our illusion of certainty because the medical industry, insurance companies, investment advisers, and election campaigns have become purveyors of certainty, marketing it like a commodity. To avoid confusion, says Gigerenzer, we should rely on more understandable representations of risk, such as absolute risks. For example, it is said that a mammography screening reduces the risk of breast cancer by 25 percent. But in absolute risks, that means that out of every 1,000 women who do not participate in screening, 4 will die while out of 1,000 women who do, 3 will die. A 25 percent risk reduction sounds much more significant than a benefit that 1 out of 1,000 women will reap. This eye-opening book explains how we can overcome our ignorance of numbers and better understand the risks we may be taking with our money, our health, and our lives.

Publish Date
Publisher
Simon & Schuster
Language
English
Pages
310

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Edition Availability
Cover of: Calculated Risks
Calculated Risks: How to Know When Numbers Deceive You
March 19, 2003, Simon & Schuster
Paperback in English
Cover of: Calculated Risks
Calculated Risks: How To Know When Numbers Deceive You
June 5, 2002, Simon & Schuster
Hardcover in English

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Book Details


First Sentence

"During a routine medical visit at a Virginia hospital in the mid-1990s, Susan, a 26-year-old single mother, was screened for HIV."

Classifications

Library of Congress
QA273.15 .G54 2002, QA273.15.G54 2002

The Physical Object

Format
Hardcover
Number of pages
310
Dimensions
9.4 x 6.3 x 0.8 inches
Weight
1.3 pounds

Edition Identifiers

Open Library
OL7926764M
ISBN 10
0743205561
ISBN 13
9780743205566
LCCN
2002017010
OCLC/WorldCat
49902187
LibraryThing
176286
Goodreads
1448369

Work Identifiers

Work ID
OL2001985W

First Sentence

"During a routine medical visit at a Virginia hospital in the mid-1990s, Susan, a 26-year-old single mother, was screened for HIV."

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August 9, 2025 Edited by MARC Bot import existing book
October 4, 2021 Edited by ImportBot import existing book
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December 9, 2009 Created by WorkBot add works page