PSYB10H3 Lecture Notes - Lecture 3: Reactive Devaluation, Observational Error, Hindsight Bias
Document Summary
Introduction to social psychology lecture 3 heuristics and biases: midterm monday oct 16 at 5pm-7pm, deciding well; Decisions are easier when we can predict the future. We can best predict the future by making sound inferences. Helps us make better decisions knowing our mistakes, thus helping us decide in a more accurate way: designing choice environments: When we are designing better ways to make judgments and decisions we have to understand which error people typically make: heuristics: one of the major factor that determines how we process information. Mental shortcuts/ rule of thumb making judgements. Heu(cid:396)isti(cid:272) a(cid:396)e (cid:862)good e(cid:374)ough(cid:863) (cid:373)u(cid:272)h of the ti(cid:373)e. Heuristics are prone to systematic error often are adapted, but sometimes they don"t: 2 types of heuristics we are going to look at: More likely to over estimate our contribution and underestimate partners is evident. Easier time coming up with the three, rather than the 12.
