Sure, relying too much on heuristics can be a bad idea in tail risk situations. But other times, they make perfect sense and save a lot of time and effort. Th

Sure, relying too much on heuristics can be a bad idea in tail risk situations. But other times, they make perfect sense and save a lot of time and effort. This post reads like a series of straw men created to show that heuristics are dangerous. I’m not sure who is going to argue that heuristics are appropriate in those situations.