Recognition Heuristic
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 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 prefer familiar things over unfamiliar ones, even if the unfamiliar options are objectively better.
A cognitive bias where people wrongly believe they have direct insight into the origins of their mental states, while treating others' introspections as unreliable.
A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.
A principle often used in behavioral economics that suggests people evaluate options based on relative comparisons rather than absolute values.
A decision-making rule where individuals choose the option with the highest perceived value based on the first good reason that comes to mind, ignoring other information.
A strategy where an additional, less attractive option is introduced to make other pricing options look more appealing, often steering customers towards a particular choice.
The act of persuading individuals or organizations to act in a certain way based on moral arguments or appeals.
A cognitive bias where people give greater weight to outcomes that are certain compared to those that are merely probable.