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HomeHomework HelppsychologyPerception and Decision Making

Perception and Decision Making

This topic covers the psychological concepts related to how individuals perceive their environment and make decisions, often under time pressure or with limited information. It involves understanding the cognitive biases and heuristics that influence decision-making processes. The significance of this topic in Psychology lies in its ability to explain how people navigate everyday situations, including the factors that lead to impulsive decisions and the consequences thereof.

intermediate
3 hours
Psychology
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Overview

Perception and decision making are interconnected processes that shape how we interact with the world. Perception involves interpreting sensory information, which can be influenced by various factors such as context, emotions, and cognitive biases. Understanding these influences is crucial for makin...

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Key Terms

Perception
The process of organizing and interpreting sensory information.

Example: Seeing a red light and understanding it means stop.

Cognitive Bias
Systematic patterns of deviation from norm or rationality in judgment.

Example: Confirmation bias leads people to favor information that confirms their existing beliefs.

Heuristic
A mental shortcut that allows people to solve problems and make judgments quickly.

Example: Using the rule of thumb to estimate costs.

Emotional Intelligence
The ability to recognize and manage our own emotions and the emotions of others.

Example: Being aware of your feelings during a stressful meeting.

Risk Assessment
The process of identifying and analyzing potential issues that could negatively impact key business initiatives.

Example: Evaluating the risks of investing in a new project.

Decision Making
The cognitive process of selecting a course of action from multiple alternatives.

Example: Choosing between two job offers.

Related Topics

Behavioral Economics
Study of how psychological factors affect economic decision-making.
intermediate
Social Psychology
Explores how individuals influence and are influenced by others.
intermediate
Cognitive Psychology
Focuses on mental processes like perception, memory, and decision-making.
advanced

Key Concepts

Cognitive BiasHeuristicsEmotional InfluenceRisk Assessment