Recency Effect
A cognitive bias where individuals better remember the most recent information they have encountered, influencing decision-making and memory recall.
A cognitive bias where individuals better remember the most recent information they have encountered, influencing decision-making and memory recall.
The process of breaking down decisions into smaller, manageable stages to simplify the decision-making process.
A cognitive bias where the total probability assigned to a set of events is less than the sum of the probabilities assigned to each event individually.
A principle that states the time it takes to make a decision increases with the number and complexity of choices available.
A cognitive shortcut that relies on the recognition of one option over another to make a decision, often used when individuals have limited information.
A cognitive bias where people perceive an outcome as certain while it is actually uncertain, based on how information is presented.
The deteriorating quality of decisions made by an individual after a long session of decision making, due to mental exhaustion.
A rule-of-thumb or shortcut that simplifies decision-making and problem-solving processes.
A cognitive bias where people focus on the most noticeable or prominent information while ignoring less conspicuous details.