Sentences with phrase «heuristic leads decision»

When the interests of many parties are at stake but only one of the parties is known to the decision — maker, a cognitive bias known as the availability heuristic leads decision — makers to systematically undervalue the interests of the parties less cognitively accessible to them.

Not exact matches

When litigants integrate data and models with decision sciences research showing how psychological biases and heuristics lead to suboptimal results, they acquire new and valuable tools to assess their alternatives.