Tag: heuristics
Learn Liberty Turns 7
February 11, 2018 | Post
Since our inaugural videos in 2011, Learn Liberty has sought to advance the ideas of classical liberalism with the help of the scholars and professors who champion them. We’re proud to say that seven years running, the legacy of our early videos lives on in the work we do today. At the core of the […]
When to Use Heuristics and When to Use Rational Thought
August 20, 2016 | Post
Doing the research necessary to make good choices can be very time consuming. That’s why, as we learned in the last video, people resort to using heuristics to make better decisions. In the Learn Liberty video below, Professor Antony Davies and graduate student Erika Davies explain how people sometimes rely too heavily on heuristics, which can lead […]
Heuristics: The Tool That Will Equip You to Make Faster Decisions Than Ever Before
August 19, 2016 | Post
How does a shoe shopper decide what type of shoe to buy? How can that customer possibly make the best decision in the face of so many choices—within a reasonable amount of time? The consumer in today’s economy has an almost limitless variety of products to choose from. This abundance of variety creates a paradox of […]