Why recognition is rational
The Recognition Heuristic (Gigerenzer and Goldstein, 1996; Goldstein and Gigerenzer, 2002) makes the counter-intuitive prediction that a decision maker utilizing less information may do as well as, or outperform, an idealized decision maker utilizing more information. We lay a theoretical foundation...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2010-07-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/10/rh11/rh11.pdf |