Reasoning and decision making Flashcards
What are the 4 terms used?
Judgement (likelihood)
Decision making
Problem solving
Reasoning
What region of the brain do we us for these 4 terms?
Frontal cortex
What are the 3 types of heuristics used for making judgements?
Availability
Representativeness
Anchoring and adjustment
When is anchoring and adjustment used?
Initial estimate of answer - attempt to adjust this
What’s the utility theory?
We should choose the option that has the best utility/value to us
What does loss averse mean?
We pay more attention to potential losses than gains
What are the 3 parts of a problem?
Start state
Operators
Goal state
If a problem is clear, what is this called?
Well-specified
What’s functional fixedness?
Only thinking of using something for it’s fixed function
What’s deductive reasoning?
Conclusion is certain, if assumptions are true
What’s inductive reasoning?
Hypotheses - need evidence
What’s falsification in terms of rules?
Rules are invalid