Simple Heuristics That Make Algorithms Smart

Gerd Gigerenzer’s debate with Daniel Kahneman, Amos Tversky, and collaborators in the heuristics and biases research program has been one of the more interesting sideshows in psychology. Although the debate often appears to be more of framing than substance, it largely revolves around the question of whether we should characterize “biased” human decisions as error or “irrationality.” ….[READ]