Page No. 75-84
Vivek M. Belhekar
University of Mumbai
This paper investigates the relationship of two decision-making heuristics (availability
and representativeness) with the Five-Factor Model of personality and the g-factor of
intelligence. Heuristics of judgment and decision-making are used to make judgments
under uncertainty. Eight experimental decision making tasks for availability and
representativeness heuristics have been used in this study from various tasks developed
by Tversky and Kahneman. The participants (N = 178; females = 100; males = 78)
responded to the NEO Five-Factor Inventory (NEO-FFI) and Cattell’s Culture Fair Test of
Intelligence and also solved eight tasks of representativeness and availability heuristics.
Over and above intelligence, neuroticism, agreeableness, and openness to some
extent have turned out to be significant predictors. These cognitive and non-cognitive
determinates of heuristic decision-making are discussed in the light of personality and
intelligence theorization.