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Psychology 2e 7.3 Slides
Psychology 2e 7.3 Slides
Psychology 2e 7.3 Slides
Today’s
Objectives: Define Define algorithm and heuristic
The impulse to use a heuristic occurs if one of the five conditions is met:
• When one is faced with too much information
• When the time to decide is limited
• When the decision to be made is unimportant
• When there is access to very little information to use in making the
decision
• When an appropriate heuristic happens to come to mind in the same
moment
Pitfalls to Problem Solving
In order to make good decisions, people use their knowledge and reasoning. Though this
knowledge and reasoning is often sound, sometimes we are swayed by our biases or
others manipulating the situation.
There are a few types of biases that we will discuss today:
- Anchoring bias
- Confirmation bias
- Hindsight bias
- Representative bias
Anchoring Bias
• An anchoring bias is when people have a tendency to rely too
heavily on the very first piece of information that they learn.
Imagine you see a pair of jeans in an outlet store that you think
are super cool. You look at the price tag… $800? For one pair of
pants? You shrug it off. Then, in another section of the
department store, you see a slightly similar pair of jeans that are
on sale for $200. You are probably thinking, “wow, these are a
pretty good deal!”. You are probably judging the second pair of
jeans based on your initial thoughts of the first pair of jeans. $200
is still incredibly expensive, and yet you saw them as a “good
deal” because of your anchoring bias.
Confirmation Bias