Understanding Cognitive Biases and Decision-Making

What is the term used to describe the tendency of intelligent people to rely on gut feelings rather than logical reasoning?

• Cognitive Dissonance

• Cognitive Miserliness

• Cognitive Bias

• Cognitive Load

What is a common consequence of cognitive miserliness?

• Increased intelligence

• Poor financial decisions

• Improved memory

• Enhanced creativity

In the context of motivated reasoning, which famous author was used as an example of someone who let emotions cloud their judgment?

• Agatha Christie

• Arthur Conan Doyle

• George Orwell

• J.K. Rowling

How did Arthur Conan Doyle attempt to rationalize his belief in fairies?

• By conducting experiments

• By consulting with experts

• By referencing electromagnetic fields

• By using historical evidence

What was the main reason for the FBI's error in the Brandon Mayfield case?

• Witness tampering

• Lack of evidence

• Inadequate technology

• Confirmation bias

What effect is demonstrated by Iceland's victory in the 2016 Euro Championships?

• The home advantage effect

• The too-much-talent effect

• The talent gap effect

• The underdog effect

What is a potential downside of having too many experts in a team?

• Increased conflict

• Over-reliance on technology

• Lack of innovation

• Reduced performance

Which technique involves stepping out of your own perspective to view a problem from an outsider's point of view?

• Mindfulness

• Self-distancing

• Empathy mapping

• Perspective shifting

Which strategy involves imagining yourself in the future to evaluate a decision?

• Forward thinking

• Time management

• Mental time travel

• Future pacing

What can help reduce emotional responses and bias according to the video?

• Labeling feelings

• Suppressing thoughts

• Avoiding conflicts

• Ignoring emotions