StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Judgment Heuristics and Biases - Essay Example

Cite this document
Summary
The paper "Judgment Heuristics and Biases" states that generally,  selecting the option that hinged on the highest possibility reduced the risks of making the wrong decision even though it predisposed the group to a possibility of punishing without a cause…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94% of users find it useful
Judgment Heuristics and Biases
Read Text Preview

Extract of sample "Judgment Heuristics and Biases"

According to Gilovich, Griffin, and Kahneman (73), here is where the aspects of heuristics and biases emerge. According to this publication, heuristics refer to the psychological aspect instituting the easy and efficient convention that individuals often employ in the formation of judgments and the making of decisions. In many instances heuristics, which include mental shortcuts and focus on a specific aspect of an issue while ignoring others, not only work accordingly in numerous situations but, also has the possibility of causing systematic digression from probability, logic, or rational choice presumption. In essence, the features are frequently incredibly practical but, also occasionally, lead to systematic errors. The tendency to think in an explicit manner institutes biases. This discussion explores scenarios where I had to make heuristic decisions and bias judgments and justifies the descriptions of the features as mentioned.

Scenarios of Heuristic Decisions and Bias Judgement

The first scenario related to the position I held in the school’s football team as the captain and the facilitator of disciplinary actions on issues, among other roles. There is a time where one of the teammates failed to attend three subsequent, training sessions and gave reasons that neither had proof nor justified the absenteeism. He said he had visited the doctor on three occasions owing to a knee injury. He however failed to present the medical report claiming he would do the same at a later and unspecified time. Asked about the opinion of his case and the possible action to take, 90 percent of the team members confessed to seeing him at a gambling joint close to the school and thus considered his statement as untrustworthy besides suggesting suspension.

The remaining 10 percent pointed out that they knew him as an honest individual and therefore would not lie. Looking at the previous instances in which the teammate in question had faced disciplinary issues, only 20 percent of his explanations proved true. Moreover, during the times the team suggested the situation of innocence or guilt of an individual, 70 percent of their suggestions turned out to be factual and justified. As the leader, I chose to suspend the teammate considering the fact that 90 percent of the teams’ suggestions, 80 percent of his past records and 70 percent of the group's suggestion history pointed out a guilty verdict on him. This was irrespective of the fact that I had no proof of his guilt or innocence.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Judgment Heuristics and Biases - Choosing an Option Based on the Highe Essay, n.d.)
Judgment Heuristics and Biases - Choosing an Option Based on the Highe Essay. https://studentshare.org/systems-science/1810890-heuristics-and-biases
(Judgment Heuristics and Biases - Choosing an Option Based on the Highe Essay)
Judgment Heuristics and Biases - Choosing an Option Based on the Highe Essay. https://studentshare.org/systems-science/1810890-heuristics-and-biases.
“Judgment Heuristics and Biases - Choosing an Option Based on the Highe Essay”. https://studentshare.org/systems-science/1810890-heuristics-and-biases.
  • Cited: 0 times

CHECK THESE SAMPLES OF Judgment Heuristics and Biases

Heuristics and How They Can Be Used by Marketers to Influence Consumers

The paper "heuristics and How They Can Be Used by Marketers to Influence Consumers" states that TV and print advertisement can be said to rely on heuristic persuasions to get the attention of its audience as opposed to other traditional methods of bombarding consumers with information.... An example of this is the application of heuristics.... heuristics refers to experience-based techniques for discovery, learning and solving problems.... heuristics can also be described as simplifying strategies or rules of thumb that help people in their reasonable judgment and make guesses more quickly....
8 Pages (2000 words) Essay

Making a decision

Tversky, Amos, & Kahneman, Daniel Judgments and Uncertainty: heuristics and biases.... The biases in estimating are because deaths resulting from shark attacks are widely publicized through the media while deaths resulting from injuries by falling airplane parts are rarely reported.... However, over reliance on availability heuristics can lead to biases in retrieval of instances like a shark attack whose memories are easily retrieved is considered to be more frequent as compared to being hit by falling airplane parts....
3 Pages (750 words) Term Paper

Bias and Heuristics

The decision-maker may not be aware of it, but certain biases or heuristics may already be influencing the way he looks at the situation at hand.... There are cases when the biases of a person may severely alter the manner by which he comes about a decision.... More importantly, biases or heuristics in decision-making may lead to the wrong or inappropriate decisions in particular situations.... There are various ways by which biases or heuristics may influence decisions. ...
3 Pages (750 words) Essay

Judgment Heuristic and Biases

"Judgment Heuristics and Biases.... "Judgment under Uncertainty: heuristics and biases" Science, New Series, Vol.... Judgment heuristic and biases Decision making is a complex process (Morsanyi and Handley, 18) Judgmental heuristics are sometimes used to make this process simpler.... Judgment heuristic and biases.... biases drastically skew the reliability of anecdotal and legal evidence.... How do people cope with the complexities of the world business and economy (Goodwin and Wright 553), the uncertain behavior of friends and adversaries, or their own changing tastes and personalities When are people's judgments prone to bias, and what is responsible for their biases (Tversky and Kahneman, 1124)The selected topic deals with the way we make decisions, specifically when no dependable criteria for statistical evidence are available....
2 Pages (500 words) Essay

Judgment Heuristics and Biases

udgmental heuristics are sometimes used to make this process simpler, to make better predictions and to make improved policy prescriptions.... Judgmental heuristics are principles or methods by which one makes assessment or judgment of probability simpler.... heuristics are simple, efficient rules, fine-tuned by evolutionary processes or learned, which have been proposed to explain how people make decisions, judgments and solve problems, typically when facing serious problems or in case of inadequate information (Tversky, Kahneman,1124)....
9 Pages (2250 words) Essay

Judgment under Uncertainty: Heuristics and Biases

The heuristics and biases (Judgment Under Uncertainty) ID Number: of School (University)Word Count: 341Date of Submission: September 15 2011JUDGMENT UNDER UNCERTAINTYThe authors thesis is that although using heuristics can be extremely useful for making quick and easy decisions, care must be taken when doing so.... “Judgment under Uncertainty: heuristics and biases.... heuristics and biases: The Psychology of Intuitive Judgment.... It can be useful when people do not have complete data and they decide based on their biases that in turn was derived from their daily experiences....
1 Pages (250 words) Essay

Judgment under Uncertainty: Heuristics and Biases:

When I was supposed to meet Judgment under Uncertainty: heuristics and biases Posting From the article written by Tversky and Kahneman, I found the heuristic based on representativeness most interesting due to the clarity and more frequent applicability of this type in current settings.... “Judgment under Uncertainty: heuristics and biases.... In this regard, one can protect myself from falling victim to such biases through increased awareness of these heuristics (like what has been informed from the article) and use rational judgment by considering other relevant variables before jumping to conclusions....
1 Pages (250 words) Essay

Judgment under Uncertainty: Heuristics and Biases

heuristics and biases in investigative decision-making make the investigator rush into decision-making for the purpose of convenience (Nickerson, 1998).... This paper explores how the biases and/or heuristics might lead to erroneous investigative decision-making and explain the advice might be given to the investigator to ensure more effective investigative decision-making under the same circumstances.... In this vignette, there are a number of biases and heuristics observed....
6 Pages (1500 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us