cog approach: thinking & decision making Flashcards
thinking: definition
when we pay attention to the stimuli around us, we engage in a process known as thinking.
thinking is the process of using knowledge and information to make plans, interpret the world, and make predictions about the world in general.
there are several components of thinking - these include problem-solving, creativity, reasoning, and decision making.
decision - making: definition
decision making is defined as the process of identifying and choosing alternatives based on the values and preferences of the decision-maker.
intro to the Dual Process Model of thinking and decision-making
two basic modes of thinking - refer to as “System 1” and “System 2. system 1 thinking is our brains’ fast, automatic, unconscious, and emotional response to situations and stimuli. system 2 thinking is the slow, effortful, and logical mode in which our brains operate when solving more complicated problems.
according to the Dual Process Model, when we make a decision, we either use system 1 or system 2 thinking. system 1 will reach a quick conclusion and then system 2 will go into further analysis to hopefully reach a more correct conclusion. system 1 thinking is quick and relies on past experience or mental shortcuts, called heuristics, this system is fast. system 2 thinking is more rational, using logic and reasoning, but however is slow.
studies for system 1 & system 2?
system 1 -
Tversky and Kahneman (1974)
Strack and Mussweiler (1997)
system 2 -
Bechara et al. (2000)
link system 1 to its study (intuitive thinking saq)
as system 1 thinking relies on heuristics to make quick and automatic judgments which is sometimes efficient but, they can also introduce systematic errors or biases – anchoring effect bias -in our thinking.
anchoring bias is the tendency to rely too heavily on the first piece of information offered (the “anchor”) when making decisions. during decision-making, anchoring occurs when individuals use an initial piece of information to make subsequent judgments. the use of anchors has many different effects on behaviour.
Tversky and Kahneman (1974) explains how intuitive thinking (system 1) works and its association with anchoring bias.
link system 2 to its study (rational thinking saq)
system 2 processing has biological roots in the brain, particularly in regions like the prefrontal cortex.
this cognitive system allows us to think rationally, weigh multiple factors, and make well-informed decisions, in contrast to the instinctual and impulsive nature of system 1.
the vmPFC has been shown in other research to play a role in regulating impulsive behaviour.
Bechara et al. (2000) is used to explain whether vmPFC regulates behaviour through its ability to enable us to use system 2 processing.
T&K (1974) aim -
to demonstrate the effect of anchoring on estimating the value of a mathematics problem.
T&K (1974) sample -
two groups of high school students
T&K (1974) procedure -
P in group 1 were part of the descending condition and had to estimate the answer to 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1. P in group 2 were part of the ascending condition and had to estimate the answer to 1 x 2 x 3 x 4 x 5 x 6 x 7 x 8.
both groups had to estimate the answer within 5 seconds.
T&K (1974) hypothesis -
since we read from left to right, researchers assumed that group 1 would use “8” as an anchor and predict a higher value and group 2 will use “1” as the anchor and will predict a lower value.
the expectation was that the first number seen would bias the estimate of the value by the participant
T&K (1974) results -
the results confirmed this expectation -> short time frame meant they had to use system 1 thinking.
the researchers found that the median for the descending group was 2250 and ascending group was 512. the actual value is 40320.
Bechara et al. (2000) aim -
to study how lesions in the vmPFC affects our decision making & judgement.
Bechara et al. (2000) sample -
17 healthy participants and 8 patients with lesions in vmPFC.
Bechara et al. (2000) procedure -
all P participated in the Iowa gambling task -> out of 4 decks, participants selected a card from one of the four decks - they did this for 100 trials. they won or lost money based on their decision made in selecting a card.
what they didn’t know from the start was that two of the decks (B & D) had a high initial reward but high long term risk factor, whereas the other two decks (A & C) had a low initial risk and low reward. but actually, in the long run, the low risk and low reward decks would be more advantageous because they result in winning more money because they would lose less in the long run.
Bechara et al. (2000) hypothesis -
usually takes P about 20 or 30 trials before they can realize the pattern and healthy controls typically opt for the “safe” decks, using deck A and C. in other words, they are able to resist the initial temptation of going for the high reward decks, because they can see that in the long-term this is a bad choice. they are using system two processing of the information to make this decision because they can think through the consequences of that decision.