Detail Information
Publications
The psychology of good judgment: frequency formats and simple algorithmsG Gigerenzer
Center for Adaptive Behavior and Cognition, Max Planck Institute for Psychological Research, Munich, Germany
Med Decis Making 16:273-80. 1996..The author describes a fast and frugal algorithm. Take The Best, that violates standard principles of rational inference but can be as accurate as sophisticated "optimal" models for diagnostic inference...
Reasoning the fast and frugal way: models of bounded rationalityG Gigerenzer
Center for Adaptive Behavior and Cognition, Max Planck Institute for Psychological Research, Munich, Germany
Psychol Rev 103:650-69. 1996..This result in an existence proof that cognitive mechanisms capable of successful performance in the real world do not need to satisfy the classical norms of rational inference...
Hindsight bias: a by-product of knowledge updating?U Hoffrage
Center for Adaptive Behavior and Cognition, Max Planck Institute for Human Development, Berlin, Germany
J Exp Psychol Learn Mem Cogn 26:566-81. 2000..The authors conclude that hindsight bias can be understood as a by-product of an adaptive process, namely the updating of knowledge after feedback...
