Problem-Solving Strategies
Algorithms: Step-by-step procedures guaranteeing a solution. Accurate but can be time-consuming.
Heuristics: Simple thinking strategies (mental shortcuts). Faster but prone to errors.
Insight: Sudden realization of a problem's solution; often feels intuitive.
Obstacles to Problem-Solving
Confirmation Bias: Tendency to search for evidence supporting preconceptions, ignoring contradictory evidence.
Fixation: Inability to see a problem from a fresh perspective.
Mental Set: Tendency to approach problems with methods that worked in the past.
Functional Fixedness: Inability to see alternative uses for an object.
Decision-Making and Judgment
Intuition: Fast, automatic, and unconscious thought processes. Useful but can lead to errors.
Representativeness Heuristic: Judging likelihood based on how similar something is to a prototype (can lead to ignoring base rates).
Availability Heuristic: Estimating likelihood based on how easily instances come to mind (influenced by recency, vividness).
Overconfidence and Belief Perseverance
Overconfidence: Overestimating the accuracy of personal knowledge and judgments.
Belief Perseverance: Holding onto beliefs even after they are discredited.
Framing Effect
The way an issue is presented can significantly affect decisions and judgments.
Example: People prefer "90% survival rate" over "10% mortality rate" even though both are equivalent.
Algorithm
Heuristic
Insight
Confirmation Bias
Fixation (Mental Set and Functional Fixedness)
Representativeness Heuristic
Availability Heuristic
Overconfidence
Belief Perseverance
Everyday Decisions: Choosing a product based on heuristics.
Problem-Solving: Recognizing biases in strategies and overcoming fixation.
Critical Thinking: Avoiding belief perseverance by considering all evidence objectively.
Apply these concepts to real-world scenarios to recognize biases in problem-solving and decision-making processes.