Errors in probabilistic reasoning have been the focus of much psychology research and are
among the original topics of modern behavioral economics. This chapter reviews theory and …

Why are normative theories so prevalent in the study of judgment and choice, yet virtually
absent in other branches of science? For example, imagine that atoms and molecules failed …

The purpose of this study was to further explore differences between entrepreneurs and
managers in large organizations. However, rather than focusing on previously examined …

A general two‐stage theory of human inference is proposed. A distinction is drawn between
heuristic processes which select items of task information as 'relevant', and analytic …

The study of intuitions and errors in judgment under uncertainty is complicated by several
factors: discrepancies between acceptance and application of normative rules; effects of …

The object of this paper is to show why recent research in the psychology of deductive and
probabilistic reasoning does not have" bleak implications for human rationality," as has …

Risk taking has long been a central theme of the entrepreneurship literature. However,
research on the risk propensity of entrepreneurs has met with virtually no empirical support …

Hypothetical thought involves the imagination of possibilities and the exploration of their
consequences by a process of mental simulation. In this Classic Edition, Jonathan St BT …

How do people monitor the correctness of their answers? A self-consistency model is
proposed for the process underlying confidence judgments and their accuracy. In answering …

Accounting and human information processing1 Page 1 22 Introduction Decision behaviour
forms much of the basis for general standards of accounting and auditing practice. Consider …