🎴 Flashcard Mode

Factors Influencing Decision-Making

Card1 / 15
Mastered0
Review0
QuestionClick to flip

What is the term used to describe the tendency for individuals to rely on mental shortcuts or simplified rules of thumb when making decisions?

AnswerClick to flip back
A
Heuristics
💡 Explanation:

Heuristics are mental shortcuts that help individuals make decisions quickly and efficiently. They can be useful in situations where time or information is limited, but they can also lead to biases and errors.

Change Mode