Anna Grandori

A typology of decision heuristics

  • Abstract

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Keywords: heuristics, decision making, bounded rationality, epistemic rationality

The essay proposes a classification of decision heuristics based on their different logical status, distinguishing mere errors/optical illusions from efficient shortcuts, and, furthermore, from ‘methods for finding’ qualifiable as epistemically rational. On this basis, a gap in the literature is then addressed: to specify when and why it is justifiable to use which type of heuristic.

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