WDW101Y1- Final Exam Guide - Comprehensive Notes for the exam ( 32 pages long!)

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Status quo bias: we dislike change and prefer to avoid it (we fear change) Patterns: patterns are essential for our existence, our brains are pattern-detecting machines (faces, objects ) Patterns allow us to: function in everyday life: recognize & follow rules, establish routines, predict the future, we are so good at detecting patterns that sometimes we see patterns where non exist , pareidolia: seeing patterns where none exist. Where else do we see patterns where none exist: stock markets, conspiracy theories, real estate marker, trends in crime, trends in warfare. We subconsciously try to create order out of chaos we have a biological preference for order. Kijiji, ebay it wants to match sellers with buyers: groups (building block of our society, networks (facebook, twitter, instagram) Taxis (made order: top-down (hierarchial): leader or organization planned it, deliberate, known outcome, serves a specific purpose, comparatively simple, rules: explicit instructions or laws.

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