“…Indeed, there is considerable evidence for people's use of heuristics in inferences under uncertainty (e.g., Pachur et al, 2008; García-Retamero and Dhami, 2009; Bröder, 2011; Gigerenzer et al, 2011; Pachur and Marinello, 2013), in decisions under certainty (e.g., Ford et al, 1989; Schulte-Mecklenbeck et al, in press), as well as in decisions under risk (e.g., Slovic and Lichtenstein, 1968; Payne et al, 1988; Cokely and Kelley, 2009; Venkatraman et al, 2009; Brandstätter and Gussmack, 2013; Pachur and Galesic, 2013; Su et al, 2013). This evidence is consistent with the argument that people find trade-offs—the very core of expectation models—difficult to execute, both cognitively and emotionally (Hogarth, 1987; Luce et al, 1999).…”