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Reasoning the Fast & Frugal
(Gigerenzer & Goldstein, 1996) -…
Reasoning the Fast & Frugal
(Gigerenzer & Goldstein, 1996)
The author represented the statistical tools normative and descriptive model of inference and decision making
The proponents of the heuristics and biases program of human irrationality attacked the classical rationality of the enlightenment model
Both the enlightenment probabilists and the heuristics and biases program proponents accept the laws of probability as normative
in many real-world situations, many pieces of information are redundant
Here, representing the problem into a mathematical model will worsen the situation
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