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Difference Between Availability Heuristic and Representative Heuristic

Availability heuristic and representative heuristic are both mental shortcuts that are important but may also lead to inaccurate judgements. In availability heuristics, a person bases…

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Difference Between Anchoring Heuristic and Adjustment Heuristic

Anchoring heuristic and adjustment heuristic are closely related as evidenced by Tversky and Kahneman’s “anchoring-and-adjustment heuristic”. These mental shortcuts are often involved in intuitive and…

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