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8 Cards in this Set

  • Front
  • Back

Leading questions can bias judgements e.g. of vehicle speed

Loftus and Palmer (1974)

Hindsight effect shows how people remember having predicted an outcome as more likely when they now know that it is true

Fischoff and Beyth (1975)

Positive outcome bias shows beliefs and decisions are based on what is pleasing rather than reality e.g. predicting frowning or smiling faced picture cards.

Rosenhan and Messick (1966)

Illusion of control example - drivers rate their chance of an accident as less than average

Weinstein (1980)

Illusion of control example - subjects feel more in control of outcome when they can use a stopping device on a lottery terminal

Ladouceur (2005)

Illusion of control example - coins are tossed and feedback is rigged. Group which gains positive feedback towards beginning rate their performance as higher compared to group who gained positive feedback towards the end.

Svenson (1981)

Not appreciating regression to the mean. Good performance is likely to be followed by a bad performance, and vice versa, pointing out that reward/punishment doesn't maintain good performance.

Tversky and Kahneman (1973)

Failure to ignore sunken costs - subjects kept investing money in a 90% completed project despite being set to fail

Arkes and Blume (1985)