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Unformatted text preview: comes to loss people are more likely to take a gamble even if the chances become increasingly smaller Risk Taking o 22% picked C; 78% picked D Errors in Problem Solving Fixation is the inability to see a problem from a new perspective Confirmation Bias is the tendency to search for information that confirms ones preconceptions o The Wason 2-4-6 problem Peter Wason was a huge influence in the study of o Business Executives When asked if they were good at hiring people they would only recall the times they had successful hires instead of recounting the bad ones. Functional Fixedness is the tendency to think of things only in terms of their usual functions Psych 310 4/25...
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This note was uploaded on 04/28/2008 for the course PSYCHOLOGY 310 taught by Professor Mahadevan during the Spring '08 term at University of Tennessee.
- Spring '08