Use of heuristics: Insights from forecasting research

@article{Harvey2007UseOH,
  title={Use of heuristics: Insights from forecasting research},
  author={N. Harvey},
  journal={Thinking & Reasoning},
  year={2007},
  volume={13},
  pages={24 - 5}
}
  • N. Harvey
  • Published 2007
  • Computer Science
  • Thinking & Reasoning
    • Tversky and Kahneman (1974) originally discussed three main heuristics: availability, representativeness, and anchoring-and-adjustment. Research on judgemental forecasting suggests that the type of information on which forecasts are based is the primary factor determining the type of heuristic that people use to make their predictions. Specifically, availability is used when forecasts are based on information held in memory; representativeness is important when the value of one variable is… CONTINUE READING
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