Simple Heuristics That Make Us Smart

Simple Heuristics That Make Us Smart - Evolution and Cognition

Hardback (01 Oct 1999)

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Publisher's Synopsis

Fast and frugal heuristics - simple rules for making decisions with realistic mental resources - are presented here. These heuristics can enable both living organisms and artificial systems to make smart choices, classifications, and predictions by employing bounded rationality. But when and how can such fast and frugal heuristics work? What heuristics are in the mind's adaptive toolbox, and what building blocks compose them? Can judgments based simply on a single reason be as accurate as those based on many reasons? Could less knowledge even lead to systematically better predictions than more knowledge? This book explores these questions by developing computational models of heuristics and testing them through experiments and analysis. It shows how fast and frugal heuristics can yield adaptive decisions in situations as varied as choosing a mate, dividing resources among offspring, predicting high school drop-out rates, and playing the stock market.

Book information

ISBN: 9780195121568
Publisher: Oxford University Press
Imprint: Oxford University Press
Pub date:
DEWEY: 128.33
DEWEY edition: 21
Number of pages: 416
Weight: 747g
Height: 230mm
Width: 150mm
Spine width: 33mm