MarkusRamikin comments on Rational Home Buying - Less Wrong
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Comments (137)
Great article.
I am curious about the part after "because". Did the experiment you're referring to actually distinguish that explanation (availability heuristic) from other possible ones (such as signalling value, greater ease of putting some factors into words, etc)?
One of the reasons I'm curious is because I'd have thought that availability heuristic affects one more strongly when one takes a decision quickly and with little reflection.
I've only read a distillation of the experiments (which had the same "because" I used) but not the papers themselves. The distillation mentioned that the scientists conducted interviews with the participants (whatever that's worth) and that this was their interpretation of a broad category of results from several similar experiments. I don't know if there were actual efforts to exclude signaling etc. See Lehrer, How We Decide, Ch. 5 for more detail.