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deductive reasoning
Logically drawing specific conclusions from general premises or statements.
conditional reasoning task
Evaluating a statement in "if…then" format to determine its logical validity.
propositional reasoning task
A task that involves drawing conclusions from premises that are expressed in propositional (logical) form.
syllogism
A type of reasoning that uses two premises to arrive at a logical conclusion.
propositional calculus
A system for categorizing logical statements and their relationships using symbols.
propositions
Statements that are either true or false, used as the building blocks of logical reasoning.
antecedent
The "if" part of a conditional statement in logic (e.g., If it rains, then the ground will be wet).
consequent
The "then" part of a conditional statement (e.g., If it rains, then the ground will be wet).
affirming the antecedent
A valid form of reasoning that confirms the "if" part and concludes the "then" part.
affirming the consequent
A logical fallacy that incorrectly assumes the truth of the antecedent based on the consequent.
denying the antecedent
A logical error where one incorrectly concludes the consequent is false because the antecedent is false.
denying the consequent
A valid logical inference that if the "then" part is false, the "if" part must also be false.
heuristic
A mental shortcut or rule of thumb that simplifies decision making, but may lead to errors.
dual‐process theory
The idea that two types of cognitive processes—fast and intuitive (Type 1), and slow and deliberate (Type 2)—govern reasoning and decision making.
Type 1 processing
Fast, automatic, and intuitive thinking that requires little cognitive effort.
Type 2 processing
Slower, effortful, and logical thinking used for complex reasoning and decision making.
belief‐bias effect
The tendency to judge the strength of arguments based on personal beliefs rather than logic.
confirmation bias
The tendency to seek and favor information that confirms one’s existing beliefs while ignoring contradictory evidence.
decision making
Selecting one option from several possibilities based on reasoning or preference.
representative
An item or event that is perceived as typical or similar to others in a category.
representativeness heuristic
A mental shortcut where people judge probabilities based on how much something resembles a typical example.
small‐sample fallacy
The mistaken belief that small samples will closely reflect larger population statistics.
base rate
The general frequency of something occurring in the population.
base‐rate fallacy
When people ignore statistical base rates in favor of specific or vivid information.
conjunction rule
The probability of two events together cannot be higher than the probability of either one alone.
conjunction fallacy
When people mistakenly believe that the combination of two events is more likely than either event alone.
availability heuristic
Judging the frequency or likelihood of an event based on how easily examples come to mind.
recognition heuristic
If one option is recognized and the other is not, the recognized option is assumed to be more frequent or correct.
anchoring and adjustment heuristic
Starting with an initial estimate (anchor) and making adjustments that are often insufficient.
anchoring effect
Overreliance on the first piece of information (the anchor) when making decisions.
anchor
An initial value or reference point that influences subsequent estimates or decisions.
confidence interval
A range of values within which a person expects a number to fall, based on their judgment.
ecological rationality
The idea that heuristics can be highly effective in real-world environments, even if they’re not logically perfect.
default heuristic
The tendency to go with a pre-set or default option when making a choice.
framing effect
Decisions are influenced by the way information is presented, such as gains vs. losses.
prospect theory
A theory that describes how people make choices involving risk, often valuing losses more heavily than gains.
overconfidence
The tendency to be more confident in one's judgments or abilities than is justified by facts.
planning fallacy
Underestimating the time or resources needed to complete a future task, despite past evidence.
my‐side bias
The tendency to evaluate arguments in a way that favors one's own position or beliefs.
hindsight
The understanding of a situation or event only after it has happened.
hindsight bias
The tendency to believe, after an event has occurred, that one would have predicted or expected it all along.
maximizers
Decision makers who try to make the optimal choice by considering all possible options.
maximizing decision‐making style
A style characterized by exhaustive search for the best possible outcome, often leading to regret or dissatisfaction.
satisficers
Decision makers who look for a choice that is "good enough" rather than perfect.
satisficing decision‐making style
A style that involves choosing the first acceptable option, rather than seeking the best possible one.