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Direct linkHerzog, Stefan M.; Hertwig, Ralph – Journal of Experimental Psychology: Learning, Memory, and Cognition, 2014
Individuals can partly recreate the "wisdom of crowds" within their own minds by combining nonredundant estimates they themselves have generated. Herzog and Hertwig (2009) showed that this accuracy gain could be boosted by urging people to actively think differently when generating a 2nd estimate ("dialectical bootstrapping").…
Descriptors: Sampling, Statistical Inference, Experimental Psychology, Hypothesis Testing
Hertwig, Ralph; Herzog, Stefan M.; Schooler, Lael J.; Reimer, Torsten – Journal of Experimental Psychology: Learning, Memory, and Cognition, 2008
Boundedly rational heuristics for inference can be surprisingly accurate and frugal for several reasons. They can exploit environmental structures, co-opt complex capacities, and elude effortful search by exploiting information that automatically arrives on the mental stage. The fluency heuristic is a prime example of a heuristic that makes the…
Descriptors: Heuristics, Memory, Inferences, Cognitive Processes
