7B.1.3

Question 1

Availability hueristic

Answer 1

Estimating the likelihood of events based on their avail ivory in memory; if instances come readily to mind (perhaps because of their vividness) we presume such events are common

Question 2

Overconfidence

Answer 2

The tendency to become more confident than correct to overestimate the accuracy of our beliefs and judgements

Question 3

Belief preservance

Answer 3

Clinging to one’s initial conceptions after the basis on which they were formed has been discredited

Question 4

Intuition

Answer 4

An effortless, immediate, automatic feeling or thought, as contested with explicit conscious reasoning

Question 5

Framing

Answer 5

The way an issue is posed; how an issue is framed can significantly affect decisions and judgements

Question 6

Representative hueristic

Answer 6

Judging the likelihood of things in terms of how they seem to represent, or match, particular prototypes; may lead us to ignore other relevant information