Warning:
JavaScript is turned OFF. None of the links on this page will work until it is reactivated.
If you need help turning JavaScript On, click here.
This Concept Map, created with IHMC CmapTools, has information related to: Decision Making Version 2, Heuristics include the Availability Hueristic, Tversky & Kahneman related their work to Bayes' Theorem, Judgemental Shortcuts can be Inaccurate, Regency results in Greater Memory for Recent Events, Law of Large Numbers states that Large Samples are Representative of the Population, Representativeness Hueristic can lead to Sample Size Fallacy, Familiarity relates to one's Exposure to Events, Sample Size Fallacy is commly demonstrated in the Small-Sample Fallacy, Anchoring & Adjustment Huerisitc depends on the Availability Hueristic, An Anchor originates from Prior Information, Familiarity results in Greater Memory for Objects/Events that are familar, A sample seems similar to the population it came from when it shares Key Characteristics, Bayes' Theorem states that judgements should by influenced by the Base Rate, Accurate when inside Limited Range of Applicability, Decision Making often involves the use of Heuristics, Simulation Heuristic refers to the Ease in Imagining Examples/Scenarios, Base Rate Fallacy occurs when one ignores the Frequency of the Item in the Population, Anchoring & Adjustment Huerisitc is used when estimating a Confidence Interval, Heuristics have a Limited Range of Applicability, Base Rate Fallacy occurs even when Rates are Specifically Provided