“…The most basic heuristic shortcut to decision making is memory: When faced with familiar decision problems or choices, people often make memory-based decisions using strategies such as the recognition heuristic (Goldstein & Gigerenzer, 2002; see also Newell & Shanks, 2004;Pachur, Todd, Gigerenzer, Schooler, & Goldstein, 2011;Pohl, 2006), the fluency heuristic (Jacoby & Brooks, 1984;Schooler & Hertwig, 2005;Whittlesea, 1993), and the exemplar-based approach (Juslin, Olsson, & Olsson, 2003;Juslin & Persson, 2002;Nosofsky & Palmeri, 1997). By contrast, when dealing with unfamiliar situations, people appear to take into account the informational structure of the decision problem, such as the relative values and intercorrelations between different sources of information and the cost of acquiring new information, in adopting decision heuristics (Bröder, 2000(Bröder, , 2003Dieckmann & Rieskamp, 2007;Rieskamp & Otto, 2006).…”