Goldstein and Gigerenzer (1999,2002)display the utility of which decision-making heuristic in their study involving judging relative sizes of German cities?
A) anchoring and adjustment
B) representativeness
C) recognition
D) naïve diversification

Question

Quizplus · Accepted Answer

Goldstein and Gigerenzer's study demonstrated the utility of the recognition heuristic, which suggests that if one of two objects is recognized and the other is not, the recognized object has a higher value in terms of the criterion being judged. In their case, it was used to accurately judge which of two German cities was larger based on recognition alone.

Goldstein and Gigerenzer (1999,2002)display the Utility of Which Decision-Making Heuristic