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Daily Archive February 13th, 2008

Strategies for decision making

Filed in Encyclopedia
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MAJOR CHOICE STRATEGIES The editor’s somewhat annotated copy of Hastie & Dawes Reid Hastie and Robyn M. Dawes, in their classic Rational Choice in an Uncertain World (pp. 232-234), outline some “major choice strategies,” stemming from several schools including the Heuristics and Biases, Adaptive Decision Maker, and Fast and Frugal research programs: Strategy: DOMINANCE   […]