### TL;DR This paper discusses three heuristics that are employe...

Forming of this stereotype may be another heuristic in itself, beca...

Amos Tversky and Daniel Kahneman were friends collaborators for mor...

### Heurisitc 1: Representativeness/Similarity When using the repr...

Does the society gain overall by having heuristics, despite occasio...

> **Heuristics are simple, efficient rules which people often use t...

How do we arrive at 5.44?

"even when the description was uninformative". That's dangerous.

> ***"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...