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Explore a thought-provoking lecture on improving health literacy and decision-making in healthcare. Delve into the challenges faced by doctors and patients in understanding health statistics, and discover the efforts of the Berlin Harding Center to promote health numeracy. Learn about the widespread innumeracy among physicians and its impact on informed decision-making, compounded by conflicts of interest and defensive medicine. Examine the potential of health numeracy as a third option to address rising healthcare costs, offering an alternative to raising taxes or rationing care. Gain insights into strategies for helping professionals and laypeople understand medical evidence and identify misleading statistics in various media. This lecture, delivered by Professor Gerd Gigerenzer from the Max Planck Institute for Human Development, offers valuable perspectives on enhancing healthcare efficiency through improved statistical understanding.