Midterm Flashcards
Based on research, which type of judgment has generally been shown to be more accurate?
Actuarial
What is an example of an Actuarial approach to judgement?
The Goldberg Rule
In general, when looking at the relationship between the accuracy of human judgment and humans confidence that their judgments are correct, we most often observe…
Over Confidence
The probabilistic mental model approach to understanding decision making suggests that we use_____ to make judgments
One single cue that differentiates from our alternatives
In the Lens model, the lines from the criterion to cue’s represent
Ecological validities (how well a cue predicts an outcome)
A predictive linear model determines the weights for each cue… 
From past human behavioral data
What is a cue judgment?

Information that can be used to differentiate between two or more outcomes 
To make an actuarial judgment, using a linear model, more accurate, you could…..

Add more cues to the model

In the probabilistic mental models approach to understanding decision-making, people use ______to discriminate between options 
Cues
Heuristics, like recognition or take the best, are often used for judgment, rather than actuarial approach, because

They provide a good trade off between effort and accuracy
Which method of a decision would be an example of system one thinking? 
The availability heuristic
When asked about the likelihood of passing her next test, Syria felt it was unlikely because she did poorly on her last test, despite the fact that she has a 3.5 GPA. What heuristic is she using to make her judgment?
Availability
Research has shown that one judging the probability, an implicit disjunction, they will underestimate the probability of an event compared to when it is presented as an explicit disjunction. What is this affect called?
Subadditvity?
Athletes, for example, basketball players, often believe in something, called the “hot hand “affect, where they go on streaks where they are most likely to make the next several shots because they have made the last several. There is no statistical evidence for the hot hand players will play to their skill level, overtime, and the distribution of success in between is not casual. What heuristic do you think could be used to explain why athletes often believe this?
Representativeness 
One effective method, for reducing the conjunction bias is….
Both cues for extensionality and encouraging system 2 thinking help