PSYC 513 Overcome Biases And Blind Spots In Decision Making Article Analysis

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Humanities

PSYC 513

PSYC

Description

We discussed that our reasoning and decision making is often clouded by cognitive biases. Take a look at this article and review some examples of cognitive biases that affect our reasoning:

Decision Making Biases Article (Links to an external site.)

Choose at least 2 biases and examine them in a bit more detail - you can use the textbook or search out other sources to learn more about it. Describe each bias in at least 1 full paragraph while citing your sources (2 paragraphs total).

Finally, please give an example of when you (or someone you know) has fallen prey to this bias and what you think could be done to avoid this bias in the future (1-2 paragraphs).

Please double space your response (probably 1.5 pages) and be sure to cite all your sources in-text and in a reference list.

Decision Making:

CriteriaRatingsPts

Bias #1: Describes a cognitive bias in detail (at least 1 paragraph) and cites appropriate sources.

1.5 pts

Full Marks

1.0 pts

Minor errors

0.5 pts

Some errors

0.0 pts

No Marks

1.5 pts

Bias #2: Describes a second cognitive bias in detail (at least 1 paragraph) and cites appropriate sources.

1.5 pts

Full Marks

1.0 pts

Minor errors

0.5 pts

Some errors

0.0 pts

No Marks

1.5 pts

Example of bias: Describes a situation where a cognitive bias has affected reasoning/decision making

1.0 pts

Full Marks

0.5 pts

Some errors

0.0 pts

No Marks

1.0 pts

How to avoid bias: Gives a brief explanation/suggestion for how to avoid the bias.

0.5 pts

Full Marks

0.3 pts

Minor errors

0.2 pts

Some errors

0.0 pts

No Marks

0.5 pts

Writing/APA: Cites sources in-text and in reference list. Writing is clear and easy to follow

0.5 pts

Full Marks

0.3 pts

Minor errors

0.2 pts

Some errors

0.0 pts

No Marks

0.5 pts

Total Points: 5.0

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Explanation & Answer

find attached the final version of your assignment ahead of the deadline. kindly review and complete. Thank you.

Running Head: BIASES

1

Biases
Student’s Name
Institutional Affiliation

BIASES

2

Overconfidence bias exists in the majority of the people who believe so much in themselves
and often look down upon other peoples’ actions and decisions. Since a person may be full of
themselves, this influences how they gather information or embrace unnecessary risks. In reality,
everyone has confidence in a particular shape or form, but when someone is overconfident; he or
she will only consider the extreme situations and settle on the assumption that they are humble
them...


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