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Risks and Benefits of Heuristic Thinking 3 Learning Outcomes Explain, using examples, the difference between system-1 and system-2 decision making Explain, using examples, each of the cognitive heuristics described in this chapter, including its potential benefits and risks The chapter begins by explaining, using examples, the difference between system-1 and system-2 decision making. It further uses examples for each of the cognitive heuristics
described in the chapter, including its potential benefits and risks. 4 Chapter Opening Video Chapter Opening Video 5 Our Two Human Decision-Making Systems 6 The Two-systems Approach to Human Decision Making 7 Model of Two-System Human Decision Making
8 The Value of Each System
9 Heuristics: Their Benefits and Risks 10 Individual Cognitive Heuristics
11 Individual Cognitive Heuristics 12 Individual Cognitive Heuristics
13 Explorer Explorer The explorer links to the Us vs. Them Heuristic. 14 Individual Cognitive Heuristics 15
Discussion Question Discuss examples of when someone gave you advice about an important matter and their only argument was that your situation reminded them of their own or someone else’s situation Discussion Question Discuss examples of when someone gave you advice about an important matter and their only argument was that your situation reminded them of their own or someone else’s situation. The discussion should help generate real-life
examples of how people use the availability heuristic. 16 Heuristics in Action Cognitive heuristics
expedite one’s thinking by generating ideas, but not necessarily reflectively Heuristics in Action Cognitive heuristics expedite our thinking by generating ideas, but not necessarily reflectively. Work in tandem with one another. Example - Parents worry about their children getting sick from germs that may be lurking in the environment. The gut feeling “Germs = Bad!” is an example of affective heuristic. Illusion of
control heuristic - Many parents set high standards for cleanliness for their children. 17 Heuristics and Possible Errors from Their Misapplication 18 Heuristics and Possible Errors from Their Misapplication 19 Heuristics and Possible Errors from Their Misapplication
20 Sketchnote Video Sketchnote Video |