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Synopsis
Research Paper (undergraduate) from the year 2012 in the subject Psychology - Methods, grade: 20, University of St Andrews, course: Behavioural Economics, language: English, abstract: This review essay explores different perspectives and conceptualizations of the study of heuristics, decision-making rules which operate under constrained time and computation (Kahneman, 2011). Two opposed models of heuristics that assume conditions of bounded rationality, the heuristics-and-biases and the fastand- frugal framework, are assessed. Whereas the former evaluates heuristics in terms of logical rationality and postulates that humans exhibit predictable fallacies in judgement, the latter focuses on ecological validity, and suggests that humans possess an adaptive toolbox of evolutionary developed decision-making rules which enable better decision making. Finally, alternative explanations and limitations of existing research programs will be explored, concluding with a demand for a rigorous evaluation of experimental designs as well as outlining conditions for a possible synthesis.
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Heuristics: a source of judgement fallacies or decision-making aids?
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Heuristics: a source of judgement fallacies or decision-making aids?
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GRIN Publishing Jan 2013, 2013
ISBN 10 : 3656346429
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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Research Paper (undergraduate) from the year 2012 in the subject Psychology - Methods, grade: 20, University of St Andrews, course: Behavioural Economics, language: English, abstract: This review essay explores different perspectives and conceptualizationsof the study of heuristics, decision-making rules which operate under constrainedtime and computation (Kahneman, 2011). Two opposed models of heuristics thatassume conditions of bounded rationality, the heuristics-and-biases and the fastand-frugal framework, are assessed. Whereas the former evaluates heuristics interms of logical rationality and postulates that humans exhibit predictablefallacies in judgement, the latter focuses on ecological validity, and suggests thathumans possess an adaptive toolbox of evolutionary developed decision-makingrules which enable better decision making. Finally, alternative explanations andlimitations of existing research programs will be explored, concluding with ademand for a rigorous evaluation of experimental designs as well as outliningconditions for a possible synthesis. 36 pp. Englisch. N° de réf. du vendeur 9783656346425
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Heuristics
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Heuristics
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Heuristics
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Heuristics: a source of judgement fallacies or decision-making aids?
Edité par
GRIN Verlag, GRIN Verlag Jan 2013, 2013
ISBN 10 : 3656346429
ISBN 13 : 9783656346425
Neuf
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Vendeur : buchversandmimpf2000, Emtmannsberg, BAYE, Allemagne
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Taschenbuch. Etat : Neu. This item is printed on demand - Print on Demand Titel. Neuware -Research Paper (undergraduate) from the year 2012 in the subject Psychology - Methods, grade: 20, University of St Andrews, course: Behavioural Economics, language: English, abstract: This review essay explores different perspectives and conceptualizationsof the study of heuristics, decision-making rules which operate under constrained time and computation (Kahneman, 2011). Two opposed models of heuristics that assume conditions of bounded rationality, the heuristics-and-biases and the fastand- frugal framework, are assessed. Whereas the former evaluates heuristics in terms of logical rationality and postulates that humans exhibit predictable fallacies in judgement, the latter focuses on ecological validity, and suggests that humans possess an adaptive toolbox of evolutionary developed decision-making rules which enable better decision making. Finally, alternative explanations and limitations of existing research programs will be explored, concluding with a demand for a rigorous evaluation of experimental designs as well as outlining conditions for a possible synthesis.Books on Demand GmbH, Überseering 33, 22297 Hamburg 36 pp. Englisch. N° de réf. du vendeur 9783656346425
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Heuristics: a source of judgement fallacies or decision-making aids?
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Taschenbuch. Etat : Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Research Paper (undergraduate) from the year 2012 in the subject Psychology - Methods, grade: 20, University of St Andrews, course: Behavioural Economics, language: English, abstract: This review essay explores different perspectives and conceptualizationsof the study of heuristics, decision-making rules which operate under constrainedtime and computation (Kahneman, 2011). Two opposed models of heuristics thatassume conditions of bounded rationality, the heuristics-and-biases and the fastand-frugal framework, are assessed. Whereas the former evaluates heuristics interms of logical rationality and postulates that humans exhibit predictablefallacies in judgement, the latter focuses on ecological validity, and suggests thathumans possess an adaptive toolbox of evolutionary developed decision-makingrules which enable better decision making. Finally, alternative explanations andlimitations of existing research programs will be explored, concluding with ademand for a rigorous evaluation of experimental designs as well as outliningconditions for a possible synthesis. N° de réf. du vendeur 9783656346425
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Heuristics: a source of judgement fallacies or decision-making aids?
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Taschenbuch. Etat : Neu. Heuristics: a source of judgement fallacies or decision-making aids? | Jon Michael Jachimowicz | Taschenbuch | Aus der Reihe: [.] stipendiaten-wissen | 36 S. | Englisch | 2013 | GRIN Verlag | EAN 9783656346425 | Verantwortliche Person für die EU: GRIN Publishing GmbH, Waltherstr. 23, 80337 München, info[at]grin[dot]com | Anbieter: preigu Print on Demand. N° de réf. du vendeur 106107924
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