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#47: The Intelligence of Intuition with Gerd Gigerenzer

Naturalistic Decision Making

CHAPTER

The Evolution of Heuristics and the Biases and Heuristics Approach in Decision Making

This chapter explores the use of heuristics in decision-making and its evolution over time. It discusses the success of countering the perspective of maximizing expected utility theory and Bayesian probability updating. The strengths of the biases and heuristics approach in decision making are also examined.

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