Below is a recent lecture on judgment, heuristics and biases. It gives a brief overview on the relationship of this topic to textbook models of choice under uncertainty and value. The lecture: outlines what is meant by heuristics; discusses theories of why they may be adaptive; outlines the idea of bias and how this relates to heuristics; examines the main Kahneman and Tversky literature; outlines experimental literature on availability, representativeness and anchoring; examines overconfidence and planning fallacy; examines the role of emotions in guiding probability judgments and risk perception; discusses limitations of the literature on heuristics and biases; discusses of implications of use of heuristics for economic theory and policy.
http://geary.ucd.ie/econpsych/lectures/4-lecture-3-judgment-heuristics-and-biases-
As usual, get in touch if you are interested in this stuff or in applications.
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