Intuitive Thinking

Ace your homework & exams now with Quizwiz!

Intuition

Ability to know or understand something without any direct evidence or reasoning process.

Heuristics

Mental shortcuts or "rules of thumb" which shorten decision-making time.

3. Loss Aversion Heuristic

Not just the desire to reduce risk, but Focus: What will be lost?


Related study sets

Chapter 6: The Proteins and Amino Acids D

View Set

11 Organ Systems of the Human Body

View Set

The Gastrointestinal Tract and Abdominal Wall CH 10

View Set