Lecture Script: In the field of psychology, decision making is a fascinating topic that explores how individuals make choices in various situations. One key concept in decision making is the phenomenon of cognitive biases. These biases are mental shortcuts that can lead to irrational decisions. For example, confirmation bias occurs when individuals seek out information that confirms their existing beliefs while ignoring contradictory evidence. This can result in poor decision making as it limits one's ability to consider alternative viewpoints. Understanding cognitive biases is crucial in improving decision-making skills. Key Points: - Decision making in psychology involves cognitive biases, which are mental shortcuts affecting choices. - Confirmation bias, a common cognitive bias, influences decisions by favoring information that aligns with pre-existing beliefs. Sample Answer: Decision making in psychology is a complex process influenced by cognitive biases. One notable bias is confirmation bias, where individuals tend to seek out information that supports their existing beliefs, disregarding contradictory evidence. This can hinder objective decision making by limiting the consideration of alternative perspectives. Being aware of cognitive biases like confirmation bias is essential for making more informed and rational decisions in various life situations.