PSYCH 4508 Lecture Notes - Lecture 1: Decision-Making, Laziness, Psych
9 Sep 2016
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The evolution of thought: we have evolved to be very good at making certain types of decisions, we share a common set of cognitive skills, but also common set of limitations. Decision making is a skill: humans are capable of rational decision-making. Just not always great at it: rational decision-making is a skill: it requires knowledge and practice to perform correctly. Ideal standards for what is rational (used as benchmarks) No not in most cases; the expected value of the ticket is less than what you would pay for it: descriptive. Whether favorite football team won or lost that day: prescriptive. Because actual decisions often fall short of normative standards. What is thinking: filling gaps in evidence . A. 1. we interpret new information according to our existing knowledge and expectations: an extension of perception, broadly speaking, we can conceptualize thinking as controlled or automatic. Controlled vs. automatic processes: automatic processes (system 1)
