Decision Making and Problem Solving Flashcards
(17 cards)
belief preserverance
the inability to reject a belief despite evidence
base rate fallacy
relies on past experiences/beliefs over statistics
what is a potential problem regarding representativeness heuristics?
base rate fallacy
heuristics
learned rules that allow the formation of quick judgements
what are the 2 types of heuristics?
availability and representativeness
True or false: availability heuristics involve making a judgement on something by comparing it to a mental prototype
false
representativeness heuristics
which type of heuristics involves judging a situation based on similar situations?
availability heuristics
cognitive biases
areas of thinking that lead to faulty judgements
what are the 2 types of cognitive bias?
confirmation and hindsight bias
which type of bias favors info that supports existing beliefs, while dismissing opposing info?
confirmation bias
True or false: representativeness heuristics overestimates the ability to forsee the outcome of events that have already occurred
false
hindsight bias
intuition
the ability to make decisions w/o evidence or analytical thinking
problem solving
mental processes that involves analyzing/answering problems
what are the types of problem solving?
trial/error, algorithm, and deductive/inductive reasoning
which form of problem solving takes random guesses till something works?
trial/error
which form of problem solving is a step by step process that eventually results in the correct answer?
algorithm
what is the difference between deductive and inductive reasoning?
deductive reasoning forms specific conclusions based on one or more general statements/rules, while inductive reasoning draws a general conclusion from specific premises