midterm 2 Flashcards
perception
a process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment
attribution theory
- our behavior/judgments based on our perception of reality, not reality itself
- perception of reality is driven by our own assumptions of internal/external factors
fundamental attribution error (others)
- we underestimate external factors and overestimate internal factors when making judgments about others
- blame people first, not the situation
self-serving bias (ourselves)
- we tend to attribute our own success to internal factors, and attribute our failures to external factors
- it is our success but not our fault when we fail
primary effect (first impression effect)
first impressions have a powerful impact on our assessment of others
selective perception
judgments based on our own interests, background, experience and attitudes (aka the similar to me effect)
halo effect
drawing an impression on the basis of a single characteristic
contrast effect
evaluation of another based upon comparisons with other people recently encountered who rank higher or lower on the same characteristics
self-fulfilling prophecy bias
once we have made a judgment about a person, we look to find information that reinforces our belief
profiling
judging another on the basis of that person’s group/culture/ethnicity
biases in judging others
primary effect selective perception halo effect contrast effects self-fulfilling prophecy bias profiling
biases in decision making
overconfidence bias anchoring bias confirmation bias availability bias escalation of commitment randomness error winner's curse hindsight bias
overconfidence bias
believing too much in our own ability
example: gambling
anchoring bias
using early, initial information to make subsequent decision
example: negotiations
confirmation bias
selecting and using only facts that support our decision
example: political leanings
availability bias
emphasizing information readily at hand
example: fears (shark attacks)
escalation of commitment
increasing commitment to a decision due to a sunk time/cost, despite evidence decision is wrong
-example: relationships, investments
randomless error
creating meaning out of random events
example: conspiracies
winner’s curse
highest bidder pays too much due to value overestimation
example: auction purchases
hindsight bias
believing a past outcome could have been easily predicted
-example: investment decisions
how long does it take us to make judgments on trustworthiness, competence and likeability
1/10th of a second
how long does it take for decisions to not really change
4-5 minutes into the interview
how many encounters does it take to change a negative first impression
8 subsequent encounters
what does employee performance typically reflect
leader’s preconceptions about the employee’s capabilities