Exam 10: Snap Judgments:risks and Benefits of Heuristic Thinking

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What possible error in judgment can come about by the misapplication of the Power Differential Heuristic?

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Compare System-1 and System-2 thinking approaches to human decision making and discuss the conflict of the two systems.

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Which cognitive heuristic involves the natural tendency to underestimate one's risks and to overestimate one's ability to manage dangerous situations?

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Which of the following is probably an expression of the influence of the Affect Heuristic?

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What possible error in judgment can come about by the misapplication of the Temporizing Heuristic?

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Which cognitive heuristic involves estimating the likelihood of a given outcome based on how easy it is to imagine that outcome?

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What possible error in judgment can come about by the misapplication of the Loss and Risk Aversion Heuristic?

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Which of the following is probably an expression of the influence of the Availability Heuristic?

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Which of the following is probably an expression of the influence of the Stereotyping Heuristic?

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What possible error in judgment can come about by the misapplication of the Simulation Heuristic?

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Which of the following is probably an expression of the influence of the Us vs. Them Heuristic?

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The________ heuristic is the tendency to remember successful events as being the result of the decisions one made and actions that one took and past failures as having resulted from bad luck or someone else's mistakes.

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Define the optimistic bias heuristic.

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Explain how critical thinking is self-regulated System-2 thinking.

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The System-2 thinking approach to decision making is reactive, instinctive, quick, and holistic.

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Which of the following is probably an expression of the influence of the Satisficing Heuristic?

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Which of the following is probably an expression of the influence of the Stereotyping Heuristic?

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The ________ heuristic involves simplification of decisions by treating remotely probable outcomes as if they were impossible for all practical purposes.

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When we share our reflective interpretations, analyses, evaluations, and inferences, we are offering explanations. Because of this, critical thinking can be described as ________.

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Define the affect heuristic.

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