Behavioral decision making Flashcards
1
Q
what is the prospect theory and the 4 commonly used heuristics
A
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?
A
4
Q
what is representative heuristics / conjuction fallacy and how can you reduce it?
A
5
Q
what is availability heuristics and how can you reduce it?
A
6
Q
what is confirmaton heuristics and how can you reduce it?
A
7
Q
what are the different types of emotions and affective forecasting
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8
Q
what is a cognitive dissonance
A