Definitely worth reading up. K & T are the intellectual fathers of the entire modern heuristics and biases program. There was some earlier work (e.g. Allais) but from what I hazily recall that work was fairly muddled conceptually.
Definitely worth reading up. K & T are the intellectual fathers of the entire modern heuristics and biases program. There was some earlier work (e.g. Allais) but from what I hazily recall that work was fairly muddled conceptually.