Judgments under uncertainty are often mediated by intuitive heuristics that are not bound by the conjunction rule of probability. Representativeness and availability heuristics can make a conjunction appear more probable than one of its constituents. Alternative interpretations of this conjunction fallacy are discussed and attempts to combat it…

Early studies of intuitive judgment and decision making conducted with the late Amos Tversky are reviewed in the context of two related concepts: an analysis of accessibility, the ease with which thoughts come to mind; a distinction between effortless intuition and deliberate reasoning. Intuitive thoughts, like percepts, are highly accessible.…