Less-is-More Effect
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References found in biography
- "Among the evience for the empirical validity of the Take The Best algorithm are the tests of a bold prediction, the less-is-more effect, which postulates conditions under which people with little knowledge make better inferences than those who more. This surprising prediction has been experimentally confirmed. For instance, U.S. students make slightly more correct inferences about German dity populations (about which the know little) than about U.S. cities, and vice versa for German students (Gigerenzer, 1993[1]; )"[2]
Notes and References
- ↑ Gigerencer 1993
- ↑ Reasoning the Fast and Frugal Way: Models of Bounded Rationality
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