TED-ED: Why do people fear the wrong things? - Gerd Gigerenzer

The video tutorial explains the concepts of relative and absolute risk, highlighting how they are presented in news articles and their impact on decision-making. It discusses the differences between these two types of risk, using examples like heart attack drugs and cancer screenings to illustrate how risk can be expressed in percentages or rates. The tutorial emphasizes the importance of understanding these measures to make informed decisions, considering personal circumstances and potential side effects. It also warns against misleading risk reporting that mixes absolute and relative terms.

What factors should be considered when evaluating the worth of taking a medication that reduces heart attack risk?

Why might individuals evaluate risks differently based on personal circumstances?