Sebastian Hafenbrädl|Daniel Waeger|Julian N. Marewski|Gerd Gigerenzer
Applied decision making with fast-and-frugal heuristics.
applied settings aviation medicine finance individuals make decisions various degrees uncertainty risks known calculated situations decisions made using fastandfrugal heuristics simple strategies ignore part available information article propose conceptual lens fastandfrugal heuristics useful describing also improving applied decision making exploiting features environment capabilities decision makers heuristics simple without trading accuracy decision aids based heuristics build individuals make decisions adopted intuitively used effectively beyond enabling accurate decisions heuristics possess characteristics facilitate adaptation varied settings characteristics include accessibility speed transparency cost effectiveness altogether article offers overview literature fastandfrugal heuristics usefulness diverse applied settings