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Metacognition
Thinking about one’s thinking processes
Executive functions
Cognitive processes that allow individuals to generate, organize, plan, carry out goal-directed behaviors, and experience critical thinking
Prototypes
Mental image or the best example of a category that aids in recognizing or categorizing objects or concepts
Schemas
Frameworks that help organize or interpret information based on past experience and knowledge
Assimilation
Fitting new information into existing schema
Accomodation
Modifying existing schemas or creating new ones in response to new information
Convergent thinking
Finding a single correct solution to a problem by applying logical steps
Functional fixedness
Bias that limits an individual to use an object only in a way that it is traditionally used
Algorithm
Step-by-step procedures or formulas for solving problems that guarantee a correct solution
Divergent thinking
Thought process or method to generate creative ideas by exploring many possible solutions
Heuristic
Mental shortcuts or rules of thumb to simplify decision-making by decreasing the cognitive burden
Representative heuristic
Cognitive shortcut where individuals make judgements about the probability of an event under uncertainty based ion how much it resembles existing stereotypes or typical cases
Availability heuristic
Mental shortcut that relies on immediate examples that comes to an individual’s mind when evaluating a specific topic, concept, method, or decision
Mental set
Tendency to approach situations in a certain way because that method worked in the past which prevents an individual from seeing alternative solutions
Priming
Exposure to one stimulus influences a response to a subsequent stimulus without conscious guidance or intention
Framing
How information is presented influences decisions and perceptions
Gambler’s fallacy
Bias when individuals believe the outcome of a random event is influenced by previous outcomes, even though each event is independent
Sunk cost fallacy
Bias where individuals continue investing time, money, or effort into a project or decision because they already invested so much, even if returns are poor or no longer align with goals