Cognition Review

Your judgments are influenced by what springs most easily to mind.

• Belief Bias

• The Dunning-Kruger Effect

• The Availability Heuristic

• The Curse of Knowledge

You allow yourself to be unduly influenced by context and delivery.

• In-Group Bias

• The Framing Effect

• Fundamental Attribution Error

• Just World Hypothesis

Cognitive bias is...

• Errors in our thinking when trying to learn, interpret and process new information

• Completely avoidable if you pick the right sources

• Something others have but you don't

• A tool we use to make sure we are always thinking correctly about new information

The tendency to interpret new evidence as confirmation of one's existing beliefs or theories

• Confirmation Bias

• Anchoring Bias

• Choice Supportive Bias

• The Bandwagon Effect

______________ are shortcuts and incomplete simplified strategies that we use.

• Algorithms

• Heuristics

• Confirmation Bias

• Prospect Theory

Using heuristics leads to _________________ ______________.

• Normative models

• Independent sysytems

• Cognitive Biases

• Descriptive models

System __________ thinking is fast, instinctive, emotional, automatic and relatively unconscious.

• 2

• 1

• 3

• 4

System ______ thinking is slower, more analytical, logical, rule-based and conscious.

• 3

• 4

• 1

• 2

The ____________ __________ happens when we are more willing to take risks to avoid losses and have a tendency to avoid risk associated with gains.

• Expected Utility Theory

• Framing Effect

• Asymmetrically Dominated Decoy

• Confirmation Bias

Which system in the dual processing model is often used when we fall prey to cognitive biases.

• 2

• 1

• 3

• 4