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Availability Heuristic - Economics Dictionary of Arguments | |||
Availability heuristic: Availability heuristic refers to the mental shortcut where individuals rely on easily accessible or memorable information to make decisions, rather than comprehensive data. See also Decisions, Decision-making processes, Bounded optimality._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Item | More concepts for author | |
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Economic Theories | Availability Heuristic | Economic Theories | |
Ed. Martin Schulz, access date 2024-04-25 |