The representativeness heuristic and the availability heuristicare two rule-of-thumb strategies that help us estimate the likelihood of events.

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The representativeness heuristic involves judging the probability of an event based on how well it matches a prototype or typical example, while the availability heuristic involves judging the probability of an event based on the ease with which examples come to mind. Both are rule-of-thumb strategies for estimating likelihood.

The Representativeness Heuristic and the Availability Heuristicare Two Rule-Of-Thumb Strategies