Interesting Class Material
Systematic error(s) in our perceptions of reality. Anchoring, for example.
Cognitive bias
A mental state achieved by focusing one's awareness on the present moment, while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations, used as a therapeutic technique.
Mindfulness
This letter is used to indicate sample size in research.
n
A cognitive bias that describes how people often avoid negative information, including feedback that could help them monitor their goal progress. For instance, I might avoid checking my bank account after a shopping spree.
In 1995, Pixar released this movie - the first fully computer-animated feature film.
Toy Story
Cognitive bias where we depend too heavily on a particular piece of initial information when making decisions and judgements.
Hint: Redwood tree
Anchoring
We have a tendency to resist accepting new evidence that conflicts with our core beliefs AND become more convinced of our previous beliefs.
Backfire Effect
Every published research manuscript begins with this section. A short summary of the paper, usually about a paragraph, that highlights the key aspects of the study.
Abstract
A type of student loan repayment plan where your monthly payments is based on the amount of money you make.
Income-driven repayment
In 2007, this rodent aspired to be a chef.
Remi
Individuals continue a behavior or endeavor as a result of previously invested resources (time, money or effort).
Hint: Printing press
Sunk cost fallacy
DAILY DOUBLE!
This "system" of the mind is the one that is more susceptible to cognitive biases.
Statistics term defined as, "Any statistical relationship, whether causal or not, between two variables."
Correlation
This is the leading cause of personal bankruptcy in the United States.
Medical expenses/debt
In 1937, this became the first full-length animated feature film released.
Snow White and the Seven Dwarfs
A cognitive bias wherein a person overestimates their own qualities and abilities, in relation to the same qualities and abilities of other people.
Illusory Superiority
This cognitive bias states that we have a tendency to interpret new evidence as supporting our existing beliefs or theories. For instance, if I came off as a jerk in our first class, you might still think that I am jerk (even though I am not, obviously).
Confirmation bias
Criteria to evaluate if an observed association between an exposure and an outcome is likely causal, rather than just a correlation.
Bradford Hill Criteria
DAILY DOUBLE!
An insurance term defined as the amount you must pay for a medical service before your insurance policy starts paying.
Lord Farquaad ruled over this city-state.
Duloc
Cognitive bias:
While we might believe that being presented with multiple options actually makes it easier to choose one that we are happy with, having an abundance of options actually requires more effort to make a decision and can leave us feeling unsatisfied with our choice.
Paradox of choice
A field of study that bridges the gap between classic economics and psychology. It suggests that humans do not always act in a rational manner, and, as a matter of fact, predictably display cognitive biases.
Behavioral Economics
This type of experimental research is the only study design that can determine true cause-and-effect relationships.
RCT
The Public Service Loan Forgiveness program forgives the remaining loan balance for borrowers who make payments while working full-time for a qualifying public service employer (e.g., education, healthcare, non-profit) after THIS many years.
10 years (120 payments)
The main antagonist (villain) of a 1998 Pixar film. He is the leader of the grasshoppers and Flik's arch-nemesis.
Hopper