01:830:101 Lecture Notes - Lecture 13: Representativeness Heuristic, Counterfactual Thinking, Heredity

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01:830:101 Full Course Notes
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01:830:101 Full Course Notes
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Making decisions - heuristics: how do we use the information we have to make decisions, heuristics: simple rules for making complex decisions. Availability heuristic: strategy for making judgements based on how easily speci c kinds of information can be brought to mind: overestimation of events that are dramatic, but rare. Simulation heuristic: tendency to judge the likelihood of an event by the ease with which one can imagine it: counterfactual thinking. Olympic medalists: bronze medalists is happier than silver medalists because silver medalists could have been rst. Intelligence: nature vs. nurture: nature-nurture debate: are human capabilities inborn or acquired with experience. Nature view: genetically predisposed level of intelligence. Nurture view: acquire and develop intelligence through environment experiences: range of reaction: genetic makeup establishes range of possibilities. Environment determines how person actually develops: most behavior, traits, etc. Dizygotic twins: share on average 50% genes (fraternal) Heritability: statistical estimate of contribution of heredity to individual.

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