Is our case strong enough to go to trial? Will interest rates go up? Can I trust this person? Such questions - and the judgments required to answer them - are woven into the fabric of everyday experience. This book, first published in 2002, examines how people make such judgments. The study of human judgment was transformed in the 1970s, when Kahneman and Tversky introduced their 'heuristics and biases' approach and challenged the dominance of strictly rational models. Their work highlighted the reflexive mental operations used to make complex problems manageable and illuminated how the same processes can lead to both accurate and dangerously flawed judgments. The heuristics and biases framework generated a torrent of influential research in psychology - research that reverberated widely and affected scholarship in economics, law, medicine, management, and political science. This book compiles the most influential research in the heuristics and biases tradition since the initial collection of 1982 (by Kahneman, Slovic, and Tversky).

Heuristics and Biases: The Psychology of Intuitive Judgment; offers a massive, state-of-the-art treatment of the literature, supplementing a similar book published two decades ago...This is an impressive book, full of implications for law and policy." Cass Sunstein, University of Chicago Law School

"...the book should serve well as a reference work for researchers in cognitive science and as a textbook for advanced courses in that difficult topic. Philosophers interested in cognitive science will also wish to consult it." Metapsychology Online Review

"Heuristics and Biases: The Psychology of Intuitive Judgment is a scholarly treat, one that is sure to shape the perspectives of another generation of researchers, teachers, and graduate students. The book will serve as a welcome refresher course for some readers and a strong introduction to an important research perspective for others." Journal of Social and Clinical Psychology