Chapter 9: Language and Thought Flashcards
Decision Making and the Brain
Pre Frontal Lobe damage
- people with this damage do not show emotional reactions during risky decision making
- Insensitivity to future consequencs
- Greater activation here in healthy individuals
- Similar effects in substance-dependent individuals (addicted to cocaine)
- do not show anticipatory SCR
Theoretical Reasoning
reasoning directed toward arriving at a belief
Sunk-Cost Fallacy
People make decisions about a current situation based on what they have previously invested in the situation
- example: $100 spent on ticket to concert plus waiting in line.
- unwilling to skip the concert even though it is cold and rainy outside and you will be miserable
Belief-Laden Reasoning
topic in which we already ahve an opinion on
- temporal lobe is activated
Insight
- there are brain differences between decciding based on insight compared to deciding based on analytical thinking
- Frontal lobe is important, but there is also a flash of acitivity in the parietal lobe during insight
- people who have a more positive emotional state have a greater insight to figuring out problems
Conjunction Fallacy
people think that two events are more likely to occur together than either individual event
- Is she a bank teller or a bank teller and a women activist?
- If you are just worrying about one thing it is more accurate
Frequency Format Hypothesis
Our minds evolved to notice how frequently things occur, NOT how likely they are to occur
- We make decisions inaccurately if there is more probability
Reasoning
a mental activity that consists of organizing information or beliefs into a series of steps to reach conclusions
Syllogistic Reasoning
whether a conclusion follows from two statements that we assume to be true
Rational Choice Theory
We make decisions by determining how likely something is to happen, judging the value of the outcome, and then multiiplying the two
- ex. Suppose you were asked to choose between a 10% chance of gaining $500 and a 20% chance of gaining $2000. The rational person would choose the second alternative because the expected payoff is $400 ($2000 x 20%), whereas the first offers an expected gain of only $50 ($500 x 10%). Selecting the option with the highest expected value seems so straightforward that many economists accepted the basic ideas in rational choice theory
- ex. good at estimating frequency (10 out of 1000), but not probability (1% of the popuation)
Availability Bias
Items that are more readily available in memory are judged as having occurred more frequently
- ex. the list of names, some of the women were famous, none of the men were, you might have thought there were more women’s names than men’s
Belief Bias
people’s judgments about whether to accept conclusions depend more on how believable the conclusions are than on whether the arguments are logically valid
- less able to see flaws in conclusions if it is something that we already believe
Frequency vs. Probability
people are good at estimating frequency, but not probability
- ex. the doctor example with the mamograms and the cancer risks
Analogical Problem Solving
Solve a problem by finding a similar problem with a known solution and appying that solutino to the current problem
Practical Reasoning
figuring out what to do, or reasoning directed toward action
- Means-ends analysis is one example
- ex. figuring out how to get to a concert across town if you don’t have a car
- We are better at this kind of reasoning