thinking and decision making

Question 1

what is the dual processing model

Answer 1

made up of two systems; system 1 and system 2

Question 2

what is system 1

Answer 2

automatic, effortless way of thinking using heuristics. fast way that allows efficient processing but prone to errors

Question 3

what is system 2

Answer 3

slower, conscious and rational. thinks carefully about different options and gradually eliminates. less likely to create confidence.

Question 4

what are heuristics

Answer 4

mental short cuts that focus on only one aspect of a problem

Question 5

strengths of dual process model

Answer 5

biological evidence that different types of thinking are processed in different parts of the brain

Question 6

weakness of dual process model

Answer 6

does not consider how our thinking/decision making can be influenced by emotion

Question 7

what was the procedure of tversky and khahneman

Answer 7

two groups; ascending 1x2x3x4x5x6x7x8 and descending group 8x7x6x5x4x3x2x1.5 seconds to estimate answer

Question 8

what were the findings of tversky and khahneman

Answer 8

ascending more likely to give a lower estimate and descending more likely to give higher.