Note Search Results: "decision-making"
Found 21 notes (Page 1 of 2)
The Concept of Sunk Cost Fallacy in EconomicsReading passageThe sunk cost fallacy is an economic
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...efits. This fallacy occurs because people tend to value past investments more than future gains. In decision-making, rational choices should only consider future benefits and costs, but the sunk cost ...
drimnotes Nov 2, 2025 0 0
The Concept of Confirmation Bias in PsychologyReading passageConfirmation bias is a psychological
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... that confirms their pre-existing beliefs or hypotheses. This bias can lead to systematic errors in decision-making and judgment. It often occurs because individuals unconsciously give more weight to ...
drimnotes Oct 30, 2025 1 0
... early risk detection. The lecture, however, raises concerns about the lack of transparency in AI's decision-making processes, potentially leading to mistrust among healthcare stakeholders. In conclus...
drimnotes Oct 28, 2025 1 0
... a fundamental concept in game theory, a branch of mathematics and economics that studies strategic decision-making. In this scenario, two individuals, acting in their self-interest, engage in a situa...
drimnotes Oct 12, 2025 0 0
...mple, the cerebrum is responsible for higher brain functions such as thinking, problem-solving, and decision-making. Moving on to brain development, did you know that the brain continues to develop we...
drimnotes Oct 12, 2025 0 0
...ifferent regions, each responsible for specific tasks. For example, the frontal lobe is involved in decision-making and problem-solving, while the occipital lobe processes visual information. Addition...
drimnotes Oct 11, 2025 0 0
...sponsible for different cognitive functions. For instance, the frontal lobe plays a crucial role in decision-making and problem-solving, while the hippocampus is essential for memory formation. Unders...
drimnotes Oct 10, 2025 0 0
...ressure. This study underscores the compelling influence that group dynamics can have on individual decision-making. In essence, social psychology sheds light on the intricate ways in which our intera...
drimnotes Oct 9, 2025 0 0
...sinformation and fake news on social platforms can have detrimental effects on public discourse and decision-making processes. These negative consequences highlight the darker side of social media's i...
drimnotes Oct 9, 2025 0 0
...fying their actions. Understanding cognitive dissonance is crucial in explaining human behavior and decision-making processes. Key Points Cognitive dissonance is the psychological discomfort resulting...
drimnotes Oct 8, 2025 0 0
...ed through the Asch conformity experiments, revealing the compelling influence of social context on decision-making. Thus, social psychology highlights the intricate interplay between individuals and ...
drimnotes Oct 4, 2025 0 0
...when they saw others offering assistance. These examples illustrate how social influence can impact decision-making and behavior. Length: About 180 words Speaking task instruction Explain the concept ...
drimnotes Oct 2, 2025 1 0
...ouble finding an elective that interests me. Sarah: Why don't you consider taking the psychology of decision-making course? I heard it's really engaging. Alex: Hmm, that sounds interesting. I'll look ...
drimnotes Oct 1, 2025 2 0
...eates cognitive dissonance. Understanding this phenomenon is crucial in studying human behavior and decision-making processes. Key Points: - Cognitive dissonance is the mental discomfort caused by hol...
drimnotes Sep 29, 2025 1 0
...y vehicle or rationalize their driving habits. This illustrates how cognitive dissonance influences decision-making and prompts individuals to align their actions with their values to reduce internal ...
drimnotes Sep 22, 2025 0 0
...en we deprive ourselves of adequate rest, our cognitive functions become compromised, affecting our decision-making skills and overall productivity. It is essential to recognize the detrimental effect...
drimnotes Sep 22, 2025 1 0
... 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...
drimnotes Sep 22, 2025 1 0
...or by downplaying the health risks. Cognitive dissonance is a fundamental theory used to understand decision-making and behavior change in individuals. Listening transcript Alright, class. Today, let'...
drimnotes Sep 15, 2025 0 0
...by yourself, such as where to go, what to eat, and how to navigate transportation. This boosts your decision-making skills and confidence. Second, it allows for self-reflection. Being alone in new env...
drimnotes Sep 10, 2025 1 0
TITLE: The Psychology of Decision-MakingIn the field of psychology, decision-making is a complex cognitive process that involves selecting a course of action from multiple alternatives. This process i...
drimnotes Sep 1, 2025 2 0
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