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      The Cambridge Handbook of Psychology and Economic Behaviour 

      Sustainable consumption and lifestyle change

      edited-book
      Cambridge University Press

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          Judgment under Uncertainty: Heuristics and Biases.

          This article described three heuristics that are employed in making judgements under uncertainty: (i) representativeness, which is usually employed when people are asked to judge the probability that an object or event A belongs to class or process B; (ii) availability of instances or scenarios, which is often employed when people are asked to assess the frequency of a class or the plausibility of a particular development; and (iii) adjustment from an anchor, which is usually employed in numerical prediction when a relevant value is available. These heuristics are highly economical and usually effective, but they lead to systematic and predictable errors. A better understanding of these heuristics and of the biases to which they lead could improve judgements and decisions in situations of uncertainty.
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            The Value Basis of Environmental Concern

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              The meaning of things

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                Book Chapter
                April 17 2008
                : 335-362
                10.1017/CBO9780511490118.014
                9f0f2f7e-add5-453a-87ac-ce7ec17fedc4
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