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Tversky and Kahneman 1981: Overall
Framing of the question framed which plan people chose even if they were the same
loss aversion bias
Tversky and Kahneman 1981: Positive Frame
“Saved”
focus on 0 people saved as a baseline- make anything above seem like. again
Tversky and Kahneman 1981: Negative Frame
“Die”
focus on 0 deaths as baseline, make anything below feel like a loss
Tversky and Kahneman 1981: System 1 Vs 2
System 1 sees guarnateed lives lost/saved - overrides system 2 by stress
gurenteed lost vs possible save - yes to risk
guarenteed saved vs possible loss - no to risk
Other examples: Coin flip and Charibdis vs Scylla
win- 150, loss 100- choose no - want 200 win - 2:1 ratio
Odyssey: loss aversion overwhelmed 8:1
Game theory
. B silent B Betrays
A silent Both 1 yr A serve 3, B free
A betray A free, B serve 3 Both 2 yr
Evolutionary Psychology 101 Terms
Genes - inherited in reproduction
Natural selection - inherit trait sbest suited to enviornment
selection pressures - make harder to survive - advantage some
Adaptation - Make more likely to survive - heritable
Human mind and evolutionary psychology
cognitive tools to survive ancestral challenges
Cost Benefit Analysis: Differential Valuation
some things more rewarding/costly than others
Cost Benefit Analysis: Ultimate reward
biological reproduction - increase survival/fitness of genes
Cost Benefit Analysis: Proximate rewards
Here and now rewards
Cost Benefit Analysis: Proximate costs
here and now costs
cooperation
Help others volintarily get along/share resources
coordination
orgganize/sychronize seperate tasks into an ordelry plan for a shared goal
Schelling point
Option people tend to pick when they have to coordinate without communicationg bc. seems most natural/obvious
Theory of mind
understand that othger people have own different thoughts/beliefs/desires/feelings/perspectives
Why do we help
social rewards
personal distress (reduced when help)
empathic concern (cognitive/emotional) - undertsand/feel too
Adapted to help offspring and close kin why?
share similar versions of genes
Altruism
incur a cost to benefit another