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It's a bit more than that, of course. For instance, it focuses on decision making in the real world, as opposed to those in the lab (which the cognitive biases tradition tends to favour). And unlike more mainstream approaches, it doesn't attempt to fight cognitive biases.
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And it turns up in all sorts of interesting places. Nasdaq, for instance, uses NDM techniques to tease out how expert compliance officers are able to detect rogue trading on their platform, and then uses those insights to design better interfaces for all their officers.
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I should probably do a longer thread/essay at some point. NDM is full of practical ideas to try in one's life/career, and it doesn't seem to enjoy as much fame as the more famous cognitive biases tradition.
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Replying to
I'm quite familiar with Klein! (Though not Gigerenzer, and I wonder if he identifies with the broader NDM community). What I really like about the podcast is that each episode is an interview with a different researcher, and you get to hear about their research.
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No worries! I think with the Replication Crisis, and other follow-up studies, Gigerenzer's "thesis" is coming out stronger; and intellectual feuds are the best feuds - high quality scientific debates benefit everyone! His work in increasing Risk Literacy is also very underrated
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