When and why do people avoid unknown probabilities in decisions under uncertainty? Testing some predictions from optimal foraging theory

Judgment under Uncertainty: Heuristics and Biases

Amos Tversky, Daniel Kahneman · 1975 · 23.1K citations

Cognitive Biases, Cognitive Science, Behavioral Sciences +9

Advances in prospect theory: Cumulative representation of uncertainty

Amos Tversky, Daniel Kahneman · Journal of Risk and Uncertainty · 1992 · 15.3K citations

High Uncertainty, Engineering, Behavioral Decision Making +12

Risk, Ambiguity, and the Savage Axioms

Daniel Ellsberg · The Quarterly Journal of Economics · 1961 · 7.8K citations

Engineering, Behavioral Decision Making, Uncertainty Evaluation +22

Judgment Under Uncertainty: Heuristics and Biases.

Glenn Shafer, Daniel Kahnerman, Paul Slovic et al. · Journal of the American Statistical Association · 1984 · 5.7K citations

Cognitive Biases, Cognitive Science, Behavioral Sciences +9

Reasoning the fast and frugal way: Models of bounded rationality.

Gerd Gigerenzer, Daniel G. Goldstein · Psychological Review · 1996 · 3.4K citations

Behavioral Decision Making, Cognition, Rational Choice +20