Asked by
Joshua Wilson
on Oct 22, 2024Verified
When people face complex environments and have limited information, they often use heuristics to simplify decision making.
Heuristics
Mental shortcuts or rules of thumb that simplify decision-making processes.
Simplify Decision Making
The process of making choices easier by reducing the complexity of the options or the decision-making process itself.
- Analyzing and expounding on the heuristics and biases prevalent in making decisions.
Verified Answer
DB
Learning Objectives
- Analyzing and expounding on the heuristics and biases prevalent in making decisions.
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