PSY 3330 Lecture Notes - Lecture 1: Decision-Making, Instrumental And Value Rationality, Absolute Threshold
10 Apr 2017
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Document Summary
Normative (should be made: rational logic consistency, decision making. Descriptive (how decisions are actually made: psychology of decision making (dm) These do not align and tend to not align with the normative model even though that"s how it should be made. They involve thinking about value: what is the value of getting a good grade, going to be an internal level of preference. Some involve risks/uncertainties: how likely is that i will get a good job after graduation. Intrumental rationality: this is taking action in order to meet goals: use the recources available (mental and physical) in order to maximize a personal level of goodness or utility. Utility: subjective value of what something is worth to you. This is personal: actions must follow coherent rules. There are two systems of thinking behind reasoning and solving problems. Intuitive or experiential system (system 1: conceived as older (in evolutionary terms) and behaves rapidly an din implicit ways, characteristics: automatic effortless holistic.
