Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2006
has emphasized the dysfunctional aspects of judgmental heuristics, and yet, other findings suggest that these can be … methodology developed to specify the effectiveness of heuristics in different environments and allows direct comparisons between … tasks. Our results highlight the trade-off between linear models and heuristics. Whereas the former are cognitively …