The human brain processes information for decision-making using one of two routes: an intuitive system and a rational system (Epstein, 1994; popularized …
A schema is a mental construct consisting of a cluster or collection of related concepts (Bartlett, 1932). There are many different types of schemata, and …
The representative heuristic describes a biased way of thinking, in which you unintentionally stereotype someone or something. For example, you may assume …
In order to make good decisions, we use our knowledge and our reasoning. Often, this knowledge and reasoning is sound and solid. However, sometimes, we …
The confirmation bias is the tendency to focus on information that confirms our existing beliefs and ignore information that is inconsistent with our …
Human beings are constantly surrounded by uncertainty and change. The question arises how people cope with such uncertainty. To date, most research has …