2nd Lecture Flashcards

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1
Q

What is the cognitive miser? What are some examples?

A

People tend to consider very little information when they need to take decisions; they AVOID THINKING

Bat and Ball problem, Jack, Anne and George Problem, Nutella commercial, etc.

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2
Q

What are heuristics?

A

Even when people do think to solve problems, they try to do so as little as possible

A heuristic is a guiding principle or “rule of thumb” used in solving problems or making decisions

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3
Q

What is the availability heuristic? What is an example?

A

mental shortcut that relies on immediate examples that come to a given person’s mind when evaluating a specific topic, concept, method or decision.

Driving fatalities following 9/11

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4
Q

What is confirmation bias? Give an example.

A

the tendency to search for, interpret, favor, and recall information that confirms or support one’s prior personal beliefs or values. It is a type of cognitive bias.

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