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12 Cards in this Set

  • Front
  • Back

Framing

One may be subject to manipulation by others based on how a choice is described.

Anchoring

One may be subject to manipulation by others based on the order in which choices are presented.

Affective Forecasting

One may attach too much importance to how a certain outcome would make him feel.

Representativeness

One may make decisions based on poorly informed stereotyping of people.

Availability

One may make a hasty decision by not taking time to gather information

Availability Heuristic

Making decisions based on whatever information is quickest and easiest to recall

Representativeness Heuristic

Making decisions by placing people or objects into categories

Anchoring

Information presented first carries more weight in decision making than information presented later

Framing

Decisions are shaped by whether potential gains or potential losses are emphasized

Affective Forecasting

making decisions based on what you think will make you happy

Insight

Boris, an architect, takes a break from a problem he’s been working on because he knows that sometimes he comes up with solutions to a difficult problem in an "aha" moment.

Matt has a hammer and a window that will not open, but he does not want to smash the window. Eventually he realizes that he can use the hammer as a lever.