Heuristics and Biases The Psychology of Heuristics and Biases The Psychology of Intuitive Judgment offers a massive, state of the art treatment of the literature, supplementing a similar book published two decades agoThis is an impressive book, full of implications for law and policy. Heuristic Overview Heuristics are the strategies derived from previous experiences with similar problems These strategies rely on using readily accessible, though loosely applicable, information to control problem solving in human beings, machines, and abstract issues. The most fundamental heuristic is trial and error, which can be used in everything from matching nuts and bolts to finding the values List of cognitive biases Cognitive biases are systematic patterns of deviation from norm or rationality in judgment, and are often studied in psychology and behavioral economics. Although the reality of these biases is confirmed by replicable research citation needed , there are often controversies about how to classify these biases or how to explain them Some are effects of information processing rules i.e Judgment Under Uncertainty Heuristics and The thirty five chapters in this book describe various judgmental heuristics and the biases they produce, not only in laboratory experiments but in important social, medical, and political situations as well. JSTOR Title Judgment under Uncertainty Heuristics and Biases Created Date Z Cognitive Biases That Affect Your Decisions Mental Floss Test your knowledge with amazing and interesting facts, trivia, quizzes, and brain teaser games on MentalFloss. Thinking Fast and Slow Book Summary Words in, words out Thinking Fast and Slow by Daniel Kahneman Summarized by Erik Johnson Because things that are familiar seem true teachers, advertisers, marketers, Decision Making Factors that Influence Decision Making Decision Making Heuristics Heuristics are general decision making strategies people use that are based on little information, yet very often correct heuristics are mental short cuts that reduce the cognitive burden associated with decision making Shah Oppenheimer, . Decision Making Factors that Influence Decision Making Every day, people are inundated with decisions, big and small Understanding how people arrive at their choices is an area of cognitive psychology that has received attention Theories have been generated to explain how people make decisions, and what types of factors influence decision making in Availability A heuristic for judging frequency and This paper explores a judgmental heuristic in which a person evaluates the frequency of classes or the probability of events by availability, i.e by the ease with which relevant instances come to mind.