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Psychological research on heuristics meets the law
Published online by Cambridge University Press: 09 April 2001
Abstract
Heuristics make decisions not only fast and frugally, but often nearly as well as “full” rationality or even better. Using such heuristics should therefore meet health care standards under liability law. But an independent court often has little chance to verify the necessary information. And judgments based on heuristics might appear to have little legitimacy, given the widespread belief in formal rationality.
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- © 2000 Cambridge University Press
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