Behavioral decision making Flashcards

1
Q

what is the prospect theory and the 4 commonly used heuristics

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2
Q

what is the loss aversion: endowment effect

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3
Q

what is framing heuristics and how can you reduce it?

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4
Q

what is representative heuristics / conjuction fallacy and how can you reduce it?

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5
Q

what is availability heuristics and how can you reduce it?

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6
Q

what is confirmaton heuristics and how can you reduce it?

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7
Q

what are the different types of emotions and affective forecasting

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8
Q

what is a cognitive dissonance

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