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Author Question: Which heuristic is reflected in our tendency to overestimate the probability of improbable events? (Read 33 times)

stephzh

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on: Jan 15, 2021

Question 1

Which field of study examines the effect of actual decision-making processes on economic decisions?

◦ behavioural economics
◦ behavioural psychology
◦ psychological economics
◦ psychological marketing

Question 2

Which heuristic is reflected in our tendency to overestimate the probability of improbable events?

◦ availability heuristic
◦ representativeness heuristic
◦ gambler's heuristic
◦ conjunction heuristic
Psychology: Themes and Variations ¦ Weiten, McCann ¦ 5th Edition
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Marked as best answer by stephzh on Jan 15, 2021

jharrington11

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Reply #1 on: Jan 15, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stephzh

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Reply 2 on: Jan 15, 2021
Great answer, keep it coming :)

abro1885

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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