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Thinking and Language: Factors That Affect Human Judgment

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Abstract
Most people are overconfident in their judgments. How an issue is formulated, or framed, can influence preferences. For example, 10% mortality and 90% survival mean the same thing, but do not have the same impact. An affective forecast is at the heart of most decisions. How will this decision affect me? Most people overestimate how bad it will be if they fail and how good it will be if they succeed, and as a result they do not take on challenges because the risk of failure seems too great.
Collection
Psychology Collection
Subject
judgment, overconfidence, framing, affective forecast, overestimating, loss aversion, Thinking
Series
Cognitive Psychology, Introduction to Psychology, Inside Out
Contributors
Camerer, Ph.D., Colin (Performer), Gilbert, Ph.D., Daniel (Performer), Kahneman, Ph.D., Daniel (Performer), INTELECOM Intelligent Telecommunications (Firm)
Duration
00:02:28 (HH:MM:SS)
Language:
English
Copyright Holder
Name INTELECOM Intelligent Telecommunications
RoleDistributor
Telephone800-576-2988 x122
Address150 E. Colorado Blvd. Ste. 300, Pasadena, CA 91105
Email[email protected]
Rights Declaration:
This video is protected by copyright. You are free to view it but not download or remix it. Please contact the depositing institution for further information about how you may use this video.
Persistent/Share URL
https://54098.surd9.group/show.php?pid=njcore:19641
Basic LTI parameter
pid=njcore:19641
PID
njcore:19641
Metadata
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