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What Are TRUSatements About Quasi-Rationality

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What Are TRUSatements About Quasi-Rationality
Review Assessment: Cognitive Processes: Test 1
User
Murali Krishnan Parama Sivam
Submitted
8/10/09 07:43
Name
Cognitive Processes: Test 1
Status
Completed
Score
22 out of 22 points
Instructions

Question 1
1 out of 1 points

Some efficient strategies have been developed to overcome the limitations of the brain, when dealing with making decisions about complex issues. However, we have also developed a number of ways of thinking that can lead to bias in our decision making. From the list below select some of the factors that can influence our selection of cues for judgment.

Selected Answers: a.
We can put too much weight on anecdotal information and data picked up by chance, which is easily
…show more content…
Stop, discard the current method, and begin again using a new method.

Question 3
1 out of 1 points

Which of the following are TRUE statements about quasi-rationality?

Selected Answers: a.
The perception of cues may be more or less analytical or intuitive depending on the nature of the task for judgment and its complexity.

b.
According to Brehmer’s study (1986), the quasi-rationality of perception means that the same judge often finds it difficult to explain the process to others and to reproduce the same judgment consistently.

c.
Influences on quasi-rational judgment are, framing effects, overconfidence, irrelevant learning, cognitive dissonance, sunk costs, stress, influence from others and personality.

Question 4
1 out of 1 points

Which of the following factors are most likely to bias an individual’s selection of cues?

Selected Answers: a.
Data availability.

b.
Personal preferences.

c.
Personal

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