arfle comments on So You Think You're a Bayesian? The Natural Mode of Probabilistic Reasoning - Less Wrong
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This frequencies vs. probabilities issue is one of the controversies in heuristics & biases research, and Kahneman, Tversky, and others dispute Gigerenzer's take. For instance, here (pdf, see p. 8) is what Gilovich & Griffin have to say in their introduction to the book Heuristics and Biases (emphasis added):
The pdf here is well worth reading! Thanks.