Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 15 July 2020

Abstract and Keywords

The Heuristics and Biases approach to judgment under uncertainty began 40 years ago with the publication of a study of the statistical foibles on the part of research psychologists and statisticians (Tversky & Kahneman, 1971). Since then, this research program has substantially influenced the working assumptions of psychologists and economists about the role of normative models of probability judgment and decision making, while providing a new language of judgmental heuristics. We provide a historical overview of the Heuristics and Biases research program that describes its intellectual antecedents and the special role of the rational actor model in shaping its methods, and we review the program's evolution over the course of three waves of research and theory development.

Keywords: judgment, heuristics, biases, rationality, subjective probability, representativeness, availability, anchoring, adjustment

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.