QUESTION IMAGE
Question
learning objective: explain how making judgments factors into decision making.
a flaw with a heuristic approach to problem solving is that it __________.
a.) is not time efficient
b.) may rely on or result in bias
c.) requires maximum mental effort
d.) rarely results in a decision
Define heuristics and their purpose
Heuristics are mental shortcuts or "rules of thumb" used to make decisions and solve problems quickly and efficiently.
Identify the trade-offs of heuristics
While heuristics save time and cognitive energy, they do not guarantee a correct solution and frequently lead to systematic errors or cognitive biases.
Evaluate the given options
- Option (a) is incorrect because heuristics are highly time-efficient.
- Option (b) is correct because relying on shortcuts often introduces cognitive biases.
- Option (c) is incorrect because heuristics minimize mental effort rather than requiring maximum effort.
- Option (d) is incorrect because heuristics are designed to lead to quick decisions.
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- a.) is not time efficient
- b.) may rely on or result in bias (Correct answer)
- c.) requires maximum mental effort
- d.) rarely results in a decision