As reflected in the amount of controversy, few areas in psychology have undergone such
dramatic conceptual changes in the past decade as the emerging science of heuristics …

A full range of psychological processes has been put into play to explain judgment and
choice phenomena. Complementing work on attention, information integration, and learning …

Bayesian inference has become a standard method of analysis in many fields of science.
Students and researchers in experimental psychology and cognitive science, however, have …

Gerd Gigerenzer's influential work examines the rationality of individuals not from the
perspective of logic or probability, but from the point of view of adaptation to the real world of …

Dual Process Theories (DPT) of reasoning posit that judgments are mediated by both fast,
automatic processes and more deliberate, analytic ones. A critical, but unanswered question …

Abstract [Correction Notice: An erratum for this article was reported in Vol 118 (1) of
Psychological Review (see record 2011-00732-004). The name of the philosopher Charles …

If you open a book on judgment and decision making, chances are that you will stumble over
the following moral: Good reasoning must adhere to the laws of logic, the calculus of …

Rational models of cognition typically consider the abstract computational problems posed
by the environment, assuming that people are capable of optimally solving those problems …

Statistical illiteracy can have an enormously negative impact on decision making. This
volume of collected papers brings together applied and theoretical research on risks and …

Do the inference strategies people select depend on the magnitude of time pressure? Is this
dependency modified by the type of time pressure? These questions are addressed in three …