Chapter 12: Decision making and reasoning Flashcards
An approach in studying inductive reasoning which allows people to make judgments about whether something causes something else.
Casual inferences
It happens when we fail to consider all the possibilities before reaching a conclusion.
Foreclosure effects
It is a type of deductive reasoning wherein the reasoner denies the consequent.
Modus tollens argument
A kind of premise that creates positive statements to some members of a class only.
Particular affirmative statements
A kind of reasoning that involve drawing conclusions from two premises.
Syllogistic reasoning
A theory which tells that the goal of human action is to seek pleasure and avoid pain.
Subjective expected utility theory
A type of heuristics which allows us to focus on a particular feature one at a time.
Elimination by aspects
A type of bias where a person a believes to see in advanced all the signs and events that led up to an outcome.
Hindsight bias
It happens when the person gives higher estimate for a subset of events than for the larger ones.
Conjunction fallacy
True or False: Groupthink can be beneficial since it highlights the group leaders and allow the members to carefully review the information before making a unanimous decision.
True
