Decision-making processes at work

Heuristics and biases

The heuristics can be described as simple algorithms present in the human mind. The use of these scripts by our mind can be considered as a sort of limitation produced by people in order to economize cognitive resources.

When reasoning departs from normative decision, it can sometimes show a bias, which is the tendency to induce an incorrect, illogical or irrational conclusion based on cognitive factors… Sorgente: Decision-making processes at work

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