The Role Of Heuristics In Decisions

Heuristics are the decision shortcuts that people use every day. While too imprecise to lead to optimal decisions, they ... (more)

Heuristics are the decision shortcuts that people use every day. While too imprecise to lead to optimal decisions, they are powerful tools that allow you to make appropriate decisions fairly easily. However, if you don't understand the limitations of heuristics, they can easily lead you astray from the truth into stereotyping and assumptions. (less)