Unit 5 - Decision Making Practice Questions
Quiz by Ashley Scolaro
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12 questions
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- Q1Which model of decision-making proposes that people make fully rational/logical decisions?The Economic Man and WomaThe Usage TheoryThe Utility TheoryThe Ethical Man and Woman60s
- Q2____ are mental shortcuts that allow people to make judgements quickly and efficiently.economic idealsheuristicssubjective utilitiesmneumonics60s
- Q3People can more easily recall news stories about lottery winners than lottery losers due to the ______.representativeness heuristicsunk-cost fallacyavailability heuristicthe framing effect60s
- Q4People react differently to something depending on how it is presented (in a positive vs negative manner). Psychologists call this thesaliency biasframing effectanchoring fallacygamblers-heuristic60s
- Q5You are sitting at a coffee shop and you notice a person in eccentric clothes reading a poetry book. If you had to guess whether that person is an accountant or a poet, most likely you would think that they are a poet. In reality, there are more accountants in the population than poets, which means that such a person is more likely to be an accountant. This is due to themneumic engagement effectrepresentativenses heuristicframingsunk-cost fallacy60s
- Q6In the Brain Games video (you decide), people were more likely to purchase a $7 large bucket of popcorn when there was a medium bucket at $6.50 than when the only other purchase choice was a $3 small bucket. This illustratesethical decision makingframingchoice blindnessanchoring60s
- Q7______ illustrates how susceptible people are to "making-up" explanations for our choices or falsely explaining why we made a choice in the first place.change blindnesssaliency biasthe framing effectchoice blindness60s
- Q8The brain has ____ neural networks for decision-making.143260s
- Q9Which of the following comments is most likely to be made in a group characterized by groupthink?As a group, we have to think carefully about all the pros and cons surrounding this issue.Do any of you see any potential problem with our group's position?We all seem to be in basic agreement, so there's no sense in continuing our discussion of this issue.To proceed democratically, we need to know the honest opinions of all group members.60s
- Q10Groupthink can be prevented by a leader whoinvites outside experts to critique a group's developing plans.emphasizes the importance of the issue under discussion.tries to maintain high morale among group members.is directive and makes his or her own position clear from the start.60s
- Q11The availability heuristic refers to our tendency tosearch for information that is consistent with our preconceptions.overestimate the accuracy of our judgments.estimate the likelihood of an event based on how easily we remember instances of its occurrence.cling to our initial conceptions, even though they have been discredited.60s
- Q12When we make decisions, the brain has a set of neural networks formonitoring motivation and recalling past instances of bad decisionsall of theseevaluating potential choicesassessing risk60s