PSYC1101_Thought_I

# PSYC1101_Thought_I - Decision Making and Problem Solving I...

This preview shows pages 1–2. Sign up to view the full content.

Decision Making and Problem Solving 6/23/10 I. Reasoning a. Determining the validity of a conclusion, based on given information 2 Primary Types of Reasoning: b. Deductive i. Using a belief or rule to determine validity ii. Example: You expect this class to be difficult because you have heard it is c. Inductive i. Using examples or instances to determine the validity of a rule or conclusion ii. Example: You have met five disagreeable people from Boston and conclude that people from Boston are disagreeable II. Decision making a. Attempting to select the best alternative from several options Two prominent types of models: b. Normative models -Developed from an economic framework -Humans are optimal decision makers -Select option which yields the largest gain -Not a great theory i. Expected utility theory 1. Make decisions based on expected utility a. Overall value of each possible outcome 2. Choose the most desirable outcome (largest gain) a. Rank options b. Choose most favorable 3. Major Limitation a. People often don’t choose the most objectively desirable option III. Descriptive decision making models a. b. Began movement to descriptive models of decision making

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 09/09/2011 for the course PSYC 1101 taught by Professor Leader during the Spring '07 term at Georgia Tech.

### Page1 / 4

PSYC1101_Thought_I - Decision Making and Problem Solving I...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online