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Judgement Heuristics

With the promotion
evaluation almost over, your manager, Mr. Myers, contacts you directly to
explain your next assignment. He informs you that the board of directors is
really looking to promote someone that has an excellent background in the major
categories of heuristics. With that in mind, Mr. Myers asks that you prepare a
report discussing the 3 types of judgment heuristics.

Judgment Heuristics

Availability

Representative

Affect

Write up to 3
paragraphs that respond to the following questions with your thoughts, ideas,
and comments. you must post a report to the discussion board consisting of
750-900 words in which you discuss the 3 types of judgment heuristics.

For full credit, you
must address the following in your posting:

Discuss judgment
heuristics.

Discuss the strategy
of judgment heuristics.

Discuss the three
types of judgment heuristics (availability, representative, and affect).

Explain the positive
hypothesis testing.

Explain and counter
the likely judgment heuristics and biases that might come into play when
evaluating alternative solutions to a business problem.

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