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Algorithms
Repetitive means of checking every possibility or hypothesis to find an accurate answer
Mechanical, procedural, accurate, time-consuming
Heuristics
strategies for simplifying problems and for generating satisfactory
Maximizing (heuristic)
put enormous effort into making the best choice, In search of the best choice possible, questioning for the best can be unfulfilling
Satisficing (heuristic)
In search of the first satisfactory choice, May regret choice if presented with more information
Representative Heuristic
assumption that an item that resembles members of some category is probably also in that category (Ex. E.g., Steve is very hy and withdrawn -> do you think he is a librarian or farmer?)
Base-rate information
how common each category is
Base rate fallacy
Tendency to overlook base rates when making judgements and focusing on specific information
Two types of information that may be available:
Base rate information – generic information about how common the event or category is
Specific information about a case in question
Availability Heuristic
Assumption that if we can easily think of examples of a category, then that category must be common
Confirmation bias
tendency to accept a hypothesis and then look for evidence to support it instead of considering other possibilities or disconfirming information
Functional fixedness
tendency to adhere to a single approach or single way of using an item
Why do we use heuristics if it makes errors?
They are adaptive most of the time
Expertise
Years of experience lead to changes in the brain (e.g., London cab drivers have larger hippocampus)
Limits of transfer
expertise in one area does not make you an expert in all
How to be a problem solver
Find a balance between algorithm/heirsotcs, maximizing and satisficing
Hin outside the frame (outside of the boc_ and wegh all the information)
Give yourself tiem and exercise patience
Become as expert (not a know it all)