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Judgement and decision making (Bias (overconfidence (overprecision - too…
Judgement and decision making
Perception
Perception ≠ Reality
Bias from perceiver
Goals & Needs
Immediate needs might filter information you receive
Existing knowledge - curse of knowledge
Emotions
Bias from target
Social identity theory
Social prototype
Halo effect
attribution
When we observe an event or behaviour, we want to determine whether it is caused by internal factors (e.g., personality, ability, etc.) or by external factors (e.g., situation, social pressure, etc.)
distinctiveness - does the individual act the same way across different situations?
consensus - does the individual act the same way toward other people
Consistency: Does the individual act the same way over time?
Bias
self serving bias
escalation of commitment
hind sight bias
overconfidence
overprecision - too sure that judgements and decisions are accurate
illusion of control - we think we have more control over circumstances than we actually do
eg lucky charm
planning fallacy - over estimate the speed we will complete a task
over placement - tend to believe we are better at things than others eg driving
curse of knowlwdge e.g.:assuming others should know what we know
unconscious decision making