PSY270H5 Lecture Notes - Lecture 8: Prospect Theory, Pizza Pizza, Wason Selection Task
Document Summary
Reasoning involves deciding whether the facts presented are true and come to a conclusion based on given premises. Decision making is the choice you have to make after judge a set of options. Reasoning: rationalism says we are born knowing all truth, but we don"t necessarily remember all these trues consciously. Using induction we can observe many instances and combine them to come up with what we know about the world as a whole. We learn the trues, we are not born knowing them. Deductive reasoning is the making and evaluation of arguments following a logical set of rules (from general to speci c, apply general rules to speci c situations). Inductive reasoning examines the likelihood of a conclusion being true, rather than its absolute truth. Most of the time when we make everyday decisions we are based on induction. It involves reasoning from speci c data based on knowledge or observations to broader generalizations.
