Ralph Hertwig is the Director of the Center of Adaptive Rationality (ARC) at the Max Planck Institute for Human Development in Berlin. Before that Hertwig was a professor for cognitive and decision sciences and later dean at the University of Basel, Psychology Department. Early in his career, he was a researcher at Columbia University, University of Chicago, and the MPI’s Center for Adaptive Behavior and Cognition, Munich. He has been awarded several prizes for his research and teaching. His research focuses on models of bounded rationality such as simple heuristics, on decisions from experience, on the psychology of risk, and on evidence-based public policy (Boosting).