Examlex
In the 1960s,there were only three television networks and most consumers only received these three channels plus a local channel.Now,consumers have more than 1,600 channels to choose from.This is an example of which problem facing media planners?
Representativeness Heuristic
Estimating the likelihood of events in terms of how well they seem to represent, or match, particular prototypes; may lead us to ignore other relevant information.
Availability Heuristic
Estimating the likelihood of events based on their availability in memory; if instances come readily to mind (perhaps because of their vividness), we presume such events are common.
Insight
A sudden realization of a problem’s solution; contrasts with strategy-based solutions.
Engineering Problem
A challenge or issue within the field of engineering that requires a solution, often involving mathematical, scientific, and practical knowledge.
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