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

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The representativeness heuristic and the availability heuristic are two commonly used mental shortcuts that help us make judgements and decisions quickly. The representativeness heuristic involves judging the probability of an event based on how closely it resembles other events or prototypes in our mental schema. The availability heuristic involves estimating the likelihood of an event based on how easily examples of similar events or information can be recalled from memory. Both of these heuristics can be useful, but they can also lead to biases and errors in judgement, especially when the actual probability of an event does not match our intuitive estimates based on past experience or mental shortcuts.

The Representativeness Heuristic and the Availability Heuristic Are Two Rule-Of-Thumb