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.