Get direct links to references, BibTeX extraction and comments on all arXiv papers with: Librarian
### TL;DR This paper discusses three heuristics that are employe...
Amos Tversky and Daniel Kahneman were friends collaborators for mor...
### Heurisitc 1: Representativeness/Similarity When using the repr...
> **Heuristics are simple, efficient rules which people often use t...
> ***"Misconceptions of change are not limited to naïve subjects."*...
### Heuristic 2: Availability When people assess the frequency of...
> ***"Payoffs for accuracy did not reduce the anchoring effect"*** ...
### Heuristic 3: Adjustment and Anchoring Heuristic People tend to...