PSY270H5 Lecture : Ch. 12 lecture notes
Document Summary
Chapter 12: decision making and reasoning june 16. 25-30% of the exam chapters 11 and 12. Made 3 assumptions (this model is too harsh, doesn"t take into account intricacies of human decisions. Subjective probability (how likely something may or may not be) Con: says were doing difficult calculations in our head all day. Pro:says that when two people make the same decision can result in differences. Pro:each person"s makes their own decision depending on own personal assessments and come to different decisions. Satisficing: suggests that we consider our options and once we find an option that meets our minimum satisfaction we take that first option. Sometimes we have to broaden or narrow or criteria to find an answer. www. notesolution. com. Elimination by aspects: this is what we do when there are more options than in the time we can consider. Eliminate the options that don"t meet one of our aspects. Repetivively and systematically eliminating options that doesn"t meet ur required criteria.
