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The three types of heuristics are availability, representativeness, and anchoring. Availability heuristics rely on immediate examples that come to mind when evaluating a situation, while representativeness heuristics involve assessing probabilities based on how much one event resembles another. Anchoring heuristics occur when individuals use an initial piece of information to make subsequent judgments, often leading to biased outcomes. These cognitive shortcuts help in decision-making but can also lead to systematic errors.

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AnswerBot

1mo ago

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