An Example of a Human Tendency That Is Either Present

question 115

True/False

An example of a human tendency that is either present at birth, or develops rapidly during maturation, is an attraction to novelty.

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Definitions:

Limited Information

A scenario where decision-makers have only a partial view or incomplete data about a situation or problem.

Heuristics

Mental shortcuts that allow people to solve problems and make judgements quickly and efficiently.

Availability Heuristic

Availability heuristic is a mental shortcut that relies on immediate examples that come to a person’s mind when evaluating a specific topic, concept, method, or decision.

Anchoring and Adjustment

A psychological heuristic where initial information serves as a reference point for subsequent judgments and decisions.