Tag: take the best

  • Episode 9: What Are Heuristics?

    Episode 9: What Are Heuristics?

    I have a confession to make. It took me years to understand the concept of heuristics. I don’t know why. I mean, I’m a smart guy, who obviously understands this economic mumbo-jumbo far better than the ordinary person. And heuristics is/are one of the foundational ideas of behavioral economics. Maybe it’s the name. Too Greek?…