Essays about: "Representativeness heuristic"

Found 3 essays containing the words Representativeness heuristic.

1. 1. The Law of Small Numbers in Skewed Hiring Distributions: Consequences for Perceived Ethnicity Discrimination

   University essay from Linnéuniversitetet/Institutionen för psykologi (PSY)

   Author : Oscar Bauer; Castiau Lucie; [2023]
   Keywords : Law of small numbers; perceived ethnic discrimination; prototypical discrimination; observing discrimination; subjective probability.;

   Abstract : The law of small numbers bias is a representativeness heuristic that often leads individuals to draw extensive conclusions from small samples while underestimating the generalizability in larger ones. This study investigated whether individuals overestimate perceived discrimination in small employment samples and underestimate it in large ones. READ MORE

3. 2. Are normative probabilty judgments a "system two"-operation?

   University essay from Umeå universitet/Institutionen för psykologi

   Author : Joakim Carlberg; [2017]
   Keywords : Sytem 1 and system 2; Conjunction fallacy; Dual processing; Probability judgments; Linda-problem; Fast and slow processes; Representativeness heuristic; Atribute substitution; Response time; System 1 och system 2; Konjunktionsfelet; Sannolikhetsbedömningar; Linda-problemet; Snabba och långsamma processer; Representativitet; Attribut substitution; Reaktionstid;

   Abstract : Previous research on human judgment and decision making has demonstrated systematic and predictable biases of judgment in experimental settings. One example of this is the tendency to intuitively violate the conjunction rule - a simple rule of probability. This was well illustrated in the famous Linda-problem. (Tversky & Kahneman, 1983). READ MORE

4. 3. Managerial Judgement : When Good Managers Make Bad Decisions

   University essay from Blekinge Tekniska Högskola/Sektionen för management

   Author : Vincent Biyegela Mashinji; [2009]
   Keywords : decision; heuristics; representativeness; availability; anchor; adjustment; satisficing;

   Abstract : Title: Managerial Judgment: When Good Managers Make Bad Decisions Author: Vincent B. Mashinji Supervisor: Anders Hiderstierna Department: School of Management, Blekinge Institute of Technology Course: Master Thesis in the Business Administration, 15 credit (ECTS) Background and Problem Discussion: “To err is human” once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes. READ MORE