SECTION 2: Source Information Flashcards
Alief
The automatic belief-like attitudes that can explain how our instinctual responses can conflict with our reasoned-out beliefs.
Heuristic
means rule of thumb, a strategy, or a shortcut. There is no promise that it is going to work all of the time. It just needs to work well enough to get you through life.
Bounded Rationality
Instead of being ration being that always make optimal choices, we make the best choces we can, given the resources we have to work with.
Satisficing
Choices that suffice to satisfy our needs.
Cognitive bias
The way we naturally categorize and make sense of the world around us.
Anchoring and adjustment
is when we tend to “anchor” to the first piece of information we have about a new domain and then only “adjust” up or down from there.
Algorithm Bubble
The curated and personalized version of online reality that a website shows you when you log on.
Availability heuristic
A proves where the mind generalizes based on what is available to it rather than on what is objectively true.
Self-Selection
selection bias happens when the sample we generalize from is not representative of the total population in some important respect.
Random
This sampling can miss sufficently small minority groups in a population and thus fail to represent them.
System 1
thinking is quick, automatic, and emotional.
System 2
thinking is deliberate, effortful, and calculating.