JDMA kk
🇬🇧
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In Inglés
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JDMA kk - Marcador
JDMA kk - Detalles
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Preguntas:
57 preguntas
🇬🇧 | 🇬🇧 |
Heuristics | Mental shortcuts to find adequate imperfect answers to difficult questions |
Planning fallacy | Underestimating the probability that at least somethings will go wrong overestimate the probability of conjunctive events underestimate the probability of disjunctive events |
Normative decision making | How people should make judgments and decisions |
Normative decision making | How people should make judgments and decisions |
Utility | Whatever is maximized |
Planning fallacy | Underestimating the probability that at least somethings will go wrong overestimate the probability of conjunctive events underestimate the probability of disjunctive events |
Descriptive decision making | How people actually make judgments and decisions |
Descriptive decision making | How people actually make judgments and decisions |
Prospect theory | Gains and losses are evaluated differently based on risk and uncertainty |
Prescriptive decision making | Practical suggestions on designing judgment and decision making processes based on normative and descriptive models |
Prescriptive decision making | Practical suggestions on designing judgment and decision making processes based on normative and descriptive models |
Ambiguity aversion | Willing to pay less for a vague choice than for a clear choice |
System 1 | Fast intuitive system of decision making |
System 1 | Fast intuitive system of decision making |
Framing | Presenting something as a gain or a loss |
Mental accounting | Different accounts for different purposes. Gains and losses feel different depending on which account it is booked |
Reality of decision making | Only use a subset of available information in a biased way |
System 2 | Slow effortful system of decision making |
System 2 | Slow effortful system of decision making |
Representativeness consists of | Insensitivity to base rates: we tend to ignore priors insensitivity to sample size: fail to appreciate the importance of sample size |
Cognitive dissonance | Mental discomfort when our actions don't match our beliefs |
Cognitive dissonance | Mental discomfort when our actions don't match our beliefs |
Pattern recognition | Focus on cause effect stories where chance and randomness are easily overlooked |
Heuristics | Mental shortcuts to find adequate imperfect answers to difficult questions |
Regression to the mean | Numbers tend to their long term average |
Utility | Whatever is maximized |
Motivated reasoning | Unconsciously favor information that supports our pre existing beliefs rather than contradicting information to arrive at our desired outcome |
Prospect theory | Gains and losses are evaluated differently based on risk and uncertainty |
Decision crossover effect | Future promotion decisions are based on current performance evaluations |
Ambiguity aversion | Willing to pay less for a vague choice than for a clear choice |
Moral disengagement theory | People use common moral standards to control their actions and avoid breaking these rules |
Loss aversion | We rather avoid a loss over receiving the same size gain |
Loss aversion | Rather avoid a loss over receiving the same size gain |
Elastic justification theory | How people stretch their reasoning to justify their decisions or actions to themselves and others |
Endowment effect | We attach a higher value to something that we own than what we don't own |
Endowment effect | We attach a higher value to something that we own than what we don't own |
Risk aversion (different from risk averse) | We prefer a certain gain over a larger gain with more risk |
Framing | The way information is presented influences judgments and decisions |
Status quo bias | The tendency to maintain the current situation |
Mental accounting | Different accounts for different purposes. Gains and losses feel different depending on which account it is booked |
Sunk cost fallacy | Justify investment despite evidence suggesting that continuing will outweigh the expected benefit |
Reality of decision making | Only use a subset of available information in a biased way |
Escalation of commitment | Rationalizing decisions when faced with increasingly negative outcomes rather than altering course |
Representativeness consists of | Insensitivity to base rates: we tend to ignore priors insensitivity to sample size: fail to appreciate the importance of sample size" |
Social norms | Rules and standards that are understood by members of a group without force of law |
Pattern recognition | Focus on cause effect stories where chance and randomness are easily overlooked |
Sacred values | No one is harmed but it feels wrong |
Regression to the mean | Numbers tend to their long term average |
Motivated blindness | Deliberately looking the other way when someone does an immoral action that benefits us |
Motivated reasoning | Unconsciously favor information that supports our pre existing beliefs rather than contradicting information to arrive at our desired outcome |
Moral cleansing | Compensate bad behavior with good behavior to restore self image |
Planning fallacy | Underestimating the probability that at least somethings will go wrong overestimate the probability of conjunctive events underestimate the probability of disjunctive events |
Planning fallacy | Underestimating the probability that at least somethings will go wrong overestimate the probability of conjunctive events underestimate the probability of disjunctive events |
Moral licensing | Using good behavior from the past by allowing bad behavior now |
Decision crossover effect | Future promotion decisions are based on current performance evaluations |
Availability heuristic | Things that come to mind easier are judged as more likely |
Moral disengagement theory | People use common moral standards to control their actions and avoid breaking these rules |
Confirmation heuristic | Judgments are influenced by what we expect |
Elastic justification theory | How people stretch their reasoning to justify their decisions or actions to themselves and others |
Representativeness | Judgments are influenced by what it typical for its category |
Risk aversion (different from risk averse) | We prefer a certain gain over a larger gain with more risk |
Affect | Judgments are influenced by our mental state |
Expectation gap | Differences between the interpretation and the openness to other possible explanations |
Risk neutral | Utility increases proportionally with wealth. Decisions are indifferent to risk |
Increased pupillary response | Increased arousal which causes greater attention and cognitive processing |
Risk averse | Utility increases with wealth at a decreasing rate |
Over optimism | Individuals believe they have greater control over uncertain events |
Risk seeking | Utility increases with wealth at an increasing rate |
Miscalibration | Individuals underestimating the variance of uncertain outcomes and set distribution too narrow |
Overprecision | We feel too certain about our accuracy in our judgments and decisions |
Social comparison | Compare own performance with someone else's |
Overestimation | We tend to think we are better than we actually are |
Overplacement | We falsely tend to think we are better than others in certain aspects |
Bounded awareness | Overlooking important information when making decisions because our focus is limited by cognitive constraints |
Bounded rationality | Making irrational decisions that are good enough due to cognitive limitations |
Bounded ethicality | Cognitive constraints fools us to act in our self interest to make unethical decisions |
Social preference | Preferences about the outcome of other people |
Status quo bias | The tendency to maintain the current situation |
Affect | Judgments are influenced by our mental state |
Bounded ethicality | Cognitive restraints fools us to act in our self interest to make unethical decisions |
Status quo bias | The tendency to maintain the current situation |
Sunk cost fallacy | Justify investment despite evidence suggesting that continuing outweighs the expected benefit |
Risk neutral | Utility increases proportionally with wealth. Decisions are indifferent to risk |
Bounded ethicality | Cognitive restraints fools us to act in our self interest to make unethical decisions |
Sunk cost fallacy | Justify investment despite evidence suggesting that continuing outweighs the expected benefit |
Escalation of commitment | Rationalizing decisions when faced with increasingly negative outcomes rather than altering course |
Risk averse | Utility increases with wealth but at a decreasing rate |
Escalation of commitment | Rationalizing decisions when faced with increasingly negative outcomes rather than altering course |
Social norms | Rules and standards that are understood by members of a group without force of law |
Overprecision | We feel too certain about our accuracy in our judgments and decisions |
Social norms | Rules and standards that are understood by members of a group without force of law |
Sacred values | No one is harmed but it feels wrong |
Overestimation | We tend to think we are better than we actually are |
Sacred values | No one is harmed but it feels wrong |
Motivated blindness | Deliberately look the other way when someone does an immoral action that benefits us |
Overplacement | We falsely tend to think we are better than others in certain aspects |
Motivated blindness | Deliberately look the other way when someone does an immoral action that benefits us |
Moral cleansing | Compensate bad behavior with good behavior to restore self image |
Bounded awareness | Overlook important information when making decisions because our focus is limited by cognitive constraints |
Moral cleansing | Compensate bad behavior with good behavior to restore self image |