Glossary / Lexicon

Heuristic refers to a rule of thumb that often helps in solving a certain class of problems, but makes . . . Read More

Heuristics is defined as informal, intuitive, speculative strategies that sometimes lead to an effective . . . Read More

Anchoring and adjustment heuristic is a mental shortcut that involves using a number or value as a starting . . . Read More

Availability heuristic refers to a mental rule of thumb whereby people base a judgment on the ease with . . . Read More

Light-from-above heuristic is the assumption that light often comes from above, which influences our . . . Read More

Anchoring refers to a decision-making Heuristic in which final estimates are heavily influenced by initial . . . Read More

Decision making refers to the process(es) by which an individual selects one course of action from among . . . Read More

Cognitive misers describe the idea that people are so limited in their ability to think and make inferences . . . Read More

Depressive Realism refers to the tendency of mildly depressed people to make accurate rather than self . . . Read More

Overconfidence barrier refers to the finding that people usually have too much confidence in the accuracy . . . Read More