Judgement & Decision

This class was created by Brainscape user Jack Meacham. Visit their profile to learn more about the creator.

Decks in this class (18)

Expected Value (Class 2)
What is a normative model 1,
What is a descriptive model 2,
Which do you prefer option a 10 w...
11  cards
Expected Utility Theory
What did daniel bernoulli suggest...,
What can explain why people are n...,
The idea of diminishing marginal ...
15  cards
EUT Violations
What s tversky known for 1,
Allais paradox is a clear _______...,
What does allais paradox contradi...
10  cards
Chapter 1
What did sir frederick barlett he...,
The computational model is based ...,
What two properties of memory sto...
11  cards
Prospect Theory
Is pt normative descriptive or ne...,
What are the two parts of the pro...,
Prospect theory is ________ in bo...
12  cards
Prospect Theory Function Shapes
Discriminability may be enhanced ...,
What did the pot of gold test pro...,
If you change the perceived diffe...
5  cards
Loss Aversion
What is the endowment effect 1,
What did arkes blumer find 2,
What did johnson goldstein find 3
5  cards
Framing Effects
What is descriptive invariance 1,
What was the main point of the gr...,
What is information leakage 3
4  cards
Reasons For Choice
In experienced experiments do peo...,
What are the two advantages of re...,
What happened in the study with t...
3  cards
Week 6_Class 1
What is the heuristic in anchorin...,
What is the bias in anchoring and...,
What does the test involving the ...
10  cards
Week 6_Class 2
What is the representativeness he...,
What are the biases of the repres...,
What did k and t discover with th...
7  cards
Week 7 - Class 1
What is system 1 1,
What is system 2 2,
Which system is heuristics and bi...
9  cards
Week 8 - Class 1
What does being well calibrated m...,
What does a calibration curve show 2,
Overconfidence does not go away w...
13  cards
Week 8 - Class 2
What does it mean to be well cali...,
What is overconfidence 2,
What happens to calibration when ...
15  cards
Week 9 - Class 1
In the selection task what is the...,
What are the 4 factors affecting ...,
What s judgment validity 3
6  cards
Week 9 - Class 2 (come back to)
What was the conclusion from the ...,
What did the yogurt group predict...,
What did the ice cream group pred...
5  cards
Week 10 - Class 1
Why do linear models out predict ...,
When it comes to bootstrapping wh...,
Why is it that the model of the j...
5  cards
Week 10 - Class 2
What s an example of a nudge 1,
Why do thaler sunstein believe th...,
What happens when you put a low c...
5  cards

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Judgement & Decision

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