Psychology Concepts

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Cognition

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Central to psychology, encompassing memory processes relevant to daily life.

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Memory

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The mental capacity to encode, store, and retrieve information.

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Thinking

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The process of using one's mind to produce thoughts, judgments, and decisions.

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Problem-Solving

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The mental process of finding solutions to difficult or complex issues.

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Judgment

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The ability to make considered decisions or come to sensible conclusions.

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Decision-Making

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The cognitive process of selecting a course of action from multiple alternatives.

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Nudge

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A subtle policy shift that encourages people to make decisions that are in their broad self-interest.

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Gambler's Fallacy

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The belief that past random events affect the probabilities in future random events.

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Sunk-Cost Fallacy

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The tendency to continue an endeavor once an investment in money, effort, or time has been made.

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Functional Fixedness

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A cognitive bias that limits a person to using an object only in the way it is traditionally used.