How can fixation, confirmation bias, the use of heuristics, overconfidence, and framing influence the quality of our decisions
How can fixation, confirmation bias, the use of heuristics, overconfidence, and framing influence the quality of our decisions?
● A mental set is a tendency to approach a particular problem in a particular way.
● Confirmation bias is a tendency to focus on information that supports preconceptions.
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Order Paper Now● The availability heuristic estimates the likelihood of events based on their availability in memory. This can either enhance or hinder problem solving.
● Overconfidence occurs when confidence in an answer is greater than accuracy.
● Framing is the way an issue is presented or worded; it affects what solutions are thought of and produced.
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