The use of recognition in group decision-making

@article{Reimer2004TheUO,
  title={The use of recognition in group decision-making},
  author={Torsten Reimer and Konstantinos V. Katsikopoulos},
  journal={Cognitive Science},
  year={2004},
  volume={28},
  pages={1009-1029}
}
Goldstein and Gigerenzer (2002) [Models of ecological rationality: The recognition heuristic. Psychological Review, 109 (1), 75–90] found evidence for the use of the recognition heuristic. For example, if an individual recognizes only one of two cities, they tend to infer that the recognized city has a larger population. A prediction that follows is that of the less-is-more effect: Recognizing fewer cities leads, under certain conditions, to more accurate inferences than recognizing more cities… CONTINUE READING