PSY100H1 Lecture Notes - Factor Analysis, Prospect Theory, Affective Forecasting

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PSY100H1 Full Course Notes
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PSY100H1 Full Course Notes
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Document Summary

Low-probability events that are highly publicized have dire consequences (like hijackings of 9/11) can result in fears called dread risks. When reasoning about right choice to make, humans do not always weigh the actual probabilities of different actions. We can be influenced by numerous factors that might not be considered rational. Education about dread risks might prompt people to reconsider choices that could result in additional negative consequences. The way we think about info makes important differences in the quality of our lives, both individually and collectively. Some people seem to be better at using information than others -> this ability is described as intelligence. The ability to use info rapidly is a critical human skill. We use representations to understand objects we encounter in our environments. We use 2 basic types of representations: analogical and symbolic: analogical: usually correspond to images.

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