TY  - JOUR
PY  - 2003//
TI  - A perspective on judgment and choice: mapping bounded rationality
JO  - American psychologist, The
A1  - Kahneman, Daniel
SP  - 697
EP  - 720
VL  - 58
IS  - 9
N2  - Early studies of intuitive judgment and decision making conducted with the late Amos Tversky are reviewed in the context of two related concepts: an analysis of accessibility, the ease with which thoughts come to mind; a distinction between effortless intuition and deliberate reasoning. Intuitive thoughts, like percepts, are highly accessible. Determinants and consequences of accessibility help explain the central results of prospect theory, framing effects, the heuristic process of attribute substitution, and the characteristic biases that result from the substitution of nonextensional for extensional attributes. Variations in the accessibility of rules explain the occasional corrections of intuitive judgments. The study of biases is compatible with a view Of intuitive thinking and decision making as generally skilled and successful.<p /> <p>Language: en</p>
LA  - en
SN  - 0003-066X
UR  - http://dx.doi.org/10.1037/0003-066X.58.9.697
ID  - ref1
ER  -