PSYCO258 Chapter Notes - Chapter 13: Mental Model, Modus Tollens, Risk Aversion

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Decisions: the process of making choices between alternatives. Reasoning: the process of drawing conclusions- because it involves coming to a conclusion based on evidence. Reasoning based on observations, or reaching conclusions from evidence. One of the primary mechanisms involved in making judgement. Used whenever we make a prediction about what will happen based on our observation about what has happened in the past. Inductive reasoning is so automatic that we are not aware that any kind of (cid:498)reasoning(cid:499) is happening at all. Conclusions we reach are probably, but not definitely, true. Strong inductive arguments result in conclusions that are more likely to be true, and weak arguments result in conclusions that are not as likely to be true. Provides the mechanism for using past experience to guide present behaviour. Some factors that contribute to the strength of an inductive argument: Stronger evidence results in stronger conclusions. i. e. scientific descriptions is pretty strong evidence.

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