Risk-as-Feelings Theory
A theory that emphasizes the role of emotions in risk perception and decision-making, where feelings about risk often diverge from cognitive assessments.
148 topics found for
“decision-making psychology”
Focusing Effect
A cognitive bias where people place too much importance on one aspect of an event, causing errors in judgment.
Hot Hand Fallacy
The mistaken belief that a person who has experienced success in a random event has a higher probability of further success in additional attempts.
Hindsight Bias
A cognitive bias where people perceive past events as having been more predictable than they actually were.
Optimism Bias
A cognitive bias that causes people to believe they are less likely to experience negative events and more likely to experience positive events than others.
Loss Aversion
A cognitive bias where the pain of losing is psychologically more powerful than the pleasure of gaining.
Expectation Bias
A cognitive bias where individuals' expectations influence their perceptions and judgments.
Pessimism Bias
A cognitive bias that causes people to overestimate the likelihood of negative outcomes.
MINDSPACE
Messenger, Incentives, Norms, Defaults, Salience, Priming, Affect, Commitment, and Ego (MINDSPACE) is a framework used to understand and influence behavior.