Risk researcher Gigerenzer on Corona: Do we really understand all these numbers? “It’s about numbers and what they really mean. We hear about reproduction rates, mortality rates, infection rates. These numbers scare us and give us hope at the same time. But do we really understand the numbers? Here we have a need to catch up – as with the understanding of financial figures. We would need a society in which more statistical thinking becomes the lifeblood.” – Risk researcher Gerd Gigerenzer on lessons from the Corona shock, false assumptions in the financial world and simple rules for investing, in “Models create illusion of certainty”, Handelsblatt from May 18, 2020, page 27, No. 95
approach strategic pricing with a changed mindset and better assess the contribution of professional pricing to results.