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W11 Decision Making - Coggle Diagram
W11 Decision Making
Decisions
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Presenting Choices
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Framing Effect
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New Disease EXP
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Results
given AB choice, 72% chose A
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gain framing usually :arrow_right: risk averse strategies and loss framing usually :arrow_right: risk taking strategies
Neuroeconomics
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Ultimatum Game
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Unfair Computer EXP
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right anterior insula
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insula associated with negative emotions (pain, hunger, disgust, anger)
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Ultimatum with TMS EXP
:one: one group had PFC temporarily deactivated by PFC while other group went through "sham" control
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Non-WEIRD study
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rejection of hyperfair offers (60% to 100%) occurs in China, Russia, Sweden, Germany
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Deductive Reasoning
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Syllogism
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Categorical Syllogisms
statements begin with All, No, Some
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Mental Model
specific situation represented in person's mind to help determine syllogism validity in deductive reasoning
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Conditional Syllogisms
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- If I study, I will get an A
- I studied
- Therefore, i get a good grade
Dual System Thinking
System 1
automatic, fast, intuitive
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System 2
slow, deliberate, thoughtful
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Reasoning
Inductive Reasoning
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Heuristics
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shortcuts, rules of thumb that help generalise from specific observations to broader judgements
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Attitudes
Myside Bias
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Capital Punishment EXP
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article supporting capital punishment as murder deterrent rated as convincing by supporters and unconvincing by opposers
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