forecasts) and in decisions for which the application of fast-and-frugal heuristics has been claimed (city-size decisions) the … assumption of complex decision models and the fast-and-frugal heuristics approach, which claim that probabilistic inferences are …

In recent years, numerous studies comparing intuition and deliberation have been published. However, until now … postulate that intuition and deliberation are completely distinct processes against predictions of interventionist models. The …

Three studies sought to investigate decision strategies in memory-based decisions and to test the predictions of the … the model was compared against simple heuristics (take the best and equal weight) and a weighted additive strategy. From … evidence for use of simple heuristics. The time pressure manipulation did not significantly affect decision strategies. Overall …

information. We conducted three studies to test the PH empirically by analyzing individual choice patterns, decision times and …

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 …

the major alternative explanations that individuals use more complex heuristics or merely encode the constellation of cues …