Heuristics Are Cognitive Shortcuts That Decision-Makers Use Which Are Correct

question 8

True/False

Heuristics are cognitive shortcuts that decision-makers use which are correct often enough to be useful.

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Definitions:

Frustrations

Feelings of dissatisfaction or annoyance arising from obstacles hindering the achievement of a goal or desire.

Planning Fallacy

The tendency to underestimate the time, costs, and risks of future actions, while overestimating the benefits, leading to overly optimistic project timelines and outcomes.

Hierarchy Of Goals

A system of organizing objectives that range from high-level, long-term goals to lower-level, short-term actions, enabling structured pursuit of ambitions.

Distal Goals

Long-term objectives or aims that are not immediately achievable, requiring extended effort and planning.