Smart Defaults
Pre-set options in a system that are designed to benefit users by simplifying decisions and guiding them towards the best choices.
570 topics found for
“decision clarity”
AI Transparency
The degree to which the operations and decisions of an AI system are understandable and explainable to users.
Relativity
A principle often used in behavioral economics that suggests people evaluate options based on relative comparisons rather than absolute values.
Behavioral Game Theory
The study of strategic decision making, incorporating psychological insights into traditional game theory models.
Active Choice
A decision-making strategy where individuals are prompted to make a choice rather than defaulting to a pre-set option.
Bye-Now Effect
The tendency for people to defer purchasing decisions to a later time, often leading to procrastination.
Behavioral Finance
The study of how psychological influences affect financial behaviors and decision-making.
Recency Effect
A cognitive bias where individuals better remember the most recent information they have encountered, influencing decision-making and memory recall.
Rationalism
A philosophy that emphasizes reason and logic as the primary sources of knowledge and truth.