Risk Intelligence: How to Live with Uncertainty

(Paperback, Main)

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Description

There is a special kind of intelligence for dealing with risk and uncertainty. It doesn't correlate with IQ and most psychologists fail to spot it because it is found in such a disparate, rag-tag group of people such as weather-forecasters, professional gamblers and hedge-fund managers.

This book shows just how important risk intelligence is. Many people in positions which require high risk intelligence - doctors, financial regulators and bankers - seem unable to navigate doubt and uncertainty. Risk Intelligence is a traveller's guide to the twilight zone of probabilities and speculation. Dylan Evans shows us how risk intelligence is vital to making good decisions, from dealing with climate change to combating terrorism. He argues that we can all learn a lot from expert gamblers, not just about money, but about how to make decisions in all aspects of our lives.

Reviews

Stimulating... Low risk intelligence is an endemic problem in most societies... In relation to risk, stupidity seems to be humanity's default option -- John Naughton * Observer *
In a fast-changing and increasingly uncertain world, it's hard to know when to take a risk and when to play safe and hold on to what you've got. But by harnessing our risk intelligence, we can take more control of our lives * Psychologies *
Fascinating... Readers of this valuable manual will be better able to 'gauge the limits of [their] own knowledge' and increase their ability to make fact-based decisions. * Publishers Weekly, Starred Review *

Author Bio

Dylan Evans is the author of several critically acclaimed books, including Emotion: The Science of Sentiment (Oxford University Press, 2001) and Placebo: The Belief Effect (HarperCollins, 2003). He has a PhD in philosophy from the London School of Economics and is the founder of Projection Point, a company that designs risk intelligence training programs for corporate clients. He writes regularly for The Huffington Post and often appears on BBC Radio.