What are heuristics and how do they affect our decisions?
Heuristics are mental shortcuts that simplify decision-making. They help us make quick judgments but can lead to biases.
Can you give me an example of a heuristic in action?
Sure! The availability heuristic is when people judge the likelihood of events based on how easily examples come to mind.
How can heuristics lead to poor decision-making?
Heuristics can lead to errors when they oversimplify complex situations, causing us to overlook important information.
Are there ways to mitigate the negative effects of heuristics?
Yes, being aware of our biases and taking time to analyze decisions can help mitigate the negative effects of heuristics.
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