1
Q
Define the term “Confirmation Bias”.
A
Confirmation Bias - the tendency to search for, interpret, and remember information in a way that confirms one’s preconceptions.
2
Q
The __________ bias is a cognitive bias that occurs when people place too much weight on the first piece of information they receive when making a judgment or decision.
A
Anchoring
3
Q
True or False: The sunk cost fallacy is a cognitive bias that occurs when people make decisions based on the amount of money or resources already invested, rather than on the potential benefits of future investments.
A
True
PSYC3052: Judgement & Decision Making
flashcards
Decks in class (13)
# Cards
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Examples3
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Class 2: Introduction to artificial intelligence and its relationship to cognition300
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Class 3: Heuristics and biases261
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Class 4: Thinking fast and slow264
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Class 5: Non-human “feats of intelligence”273
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Class 6: Reasoning and problem solving258
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Class 7: Insight and metacognition231
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Class 8: Research methods in cognition, levels of analysis, generalisability, control, and open science207
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Class 9: Decision Making255
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Class 10: Group decision making and behavioural insights228
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Class 11: Brain training, transfer, limits of expertise, deliberate practice, mental representations, and chunking255
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Class 12: Distinguishing between fact and fiction240
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Class 13: High Stakes Decision Making207
