Heuristic Decision making
This heuristic involves estimating likelihood based on how easily examples come to mind.
What is availability heuristic
What is it called when people make decisions based on prior beliefs rather than logic?
What is the belief-bias effect
What kind of reasoning begins with specific premises and ends in a logically certain conclusion?
What is deductive reasoning
What is it called when a person starts with an initial value and adjusts from there when estimating?
What is anchoring and adjustment
This bias occurs when people only seek information that supports their hypothesis.
What is confirmation bias
In a conditional statement, the “if” part is called what?
What is antecedent
What heuristic explains why people ignore how often something occurs in the general population?
What is base rate fallacy
After an event happens, you believe you "knew it all along." What bias is this?
What is hindsight bias
What kind of conclusion results from affirming the antecedent?
What is valid conclusion
Choosing a surgery framed as “90% success” over “10% failure” is influenced by what effect?
What is framing effect
People often use this shortcut when they assume a situation is likely based on similarity to a prototype.
What is the representativeness heuristic
If someone says “the window is wet, so it must be raining,” which fallacy are they committing?
What is affirming the consequent
What is the term for underestimating how much time or resources a task will take?
What is the planning fallacy
This fallacy leads people to believe the chance of two things happening together is greater than just one.
What is conjunction fallacy
What reasoning task is harder to solve because it uses abstract rather than concrete examples?
What is an abstract reasoning problem