predict exchange rates and to advocate floating exchange rates, economists unwittingly employ nominalist heuristics. Second …, nominalist heuristics have influenced actual exchange rates through the centuries, and this finding is replicated in the … laboratory. Third, nominalist heuristics are incompatible with expected utility theory which excludes the evaluation stage, and …

entrepreneurial activities. Researchers have identified several biases and heuristics employed by entrepreneurs, which significantly … context in which they operate. By analyzing the strengths and weaknesses of heuristics and biases within the context of risk …