We make decisions and judgments every day – do we trust someone, should we do something (or not), which route to take, how to respond to someone who’s upset… the list goes on and on. If we carefully consider and analyse every possible outcome of these decisions and judgments, we would never be able to do anything else. Thankfully, our mind makes things easier for us by using efficient thinking strategies known as heuristics. A heuristic is a mental shortcut that helps us make decisions and judgments quickly without having to spend a lot of time researching and analysing information.
On most occasions, heuristics are extremely helpful, but, sometimes, they can lead to errors in judgment too. There are different categories or types of heuristics, however, there are two that are although useful in many situations, can lead even the most intelligent people to make dumb decisions: availability and representativeness heuristics.