Sentences with phrase «heuristics when»

Behavioral finance suggests that your clients frequently employ mental heuristics when making investment decisions.

Occam's Razor is often an important heuristic when developing a model of a reaction mechanism.

Not exact matches

Heuristic theology is distinct from theology as hermeneutics or as construction but has similarities with both.8 The Shorter Oxford English Dictionary defines heuristic adjectivally as «serving to find out» and, when employed as a noun related to learning, as «a system of education under which pupils are trained to find out for themselveHeuristic theology is distinct from theology as hermeneutics or as construction but has similarities with both.8 The Shorter Oxford English Dictionary defines heuristic adjectivally as «serving to find out» and, when employed as a noun related to learning, as «a system of education under which pupils are trained to find out for themselveheuristic adjectivally as «serving to find out» and, when employed as a noun related to learning, as «a system of education under which pupils are trained to find out for themselves.»

When the interests of many parties are at stake but only one of the parties is known to the decision — maker, a cognitive bias known as the availability heuristic leads decision — makers to systematically undervalue the interests of the parties less cognitively accessible to them.

Selecting your future spouse based on the recognition heuristic might be overdoing it a bit, but when overwhelmed with potential choices at a speed - dating event, supermarket aisle or restaurant menu, going with a simple heuristic is a reasonable option.

The «satisficing heuristic», meanwhile, tells you to pick the first option that meets or exceeds your expectations, when delaying a choice for too long is not in your interests.

This «more - is-less» effect happens because the Recognition heuristic does not work as well when you know too much.

The team has found that people tend to use more calculated reasoning when they can take their time, while heuristics come into their own when people are forced to think on their feet.

The most important reason is that secrecy is a key driver of risk perception heuristics: When information is being withheld from us, we immediately assume the worst.

«These observations suggest that when lacking the cognitive anchor of a central food source, fox squirrels utilize a different and perhaps simpler heuristic (problem - solving approach) to simply avoid the areas where they had previously cached,» the study concludes.

That is, because a greater number of options are more difficult to manage (in terms of our ability to weigh the options and make the best selection), we tend to use more heuristic choice strategies (quick and easy cues to make a decision) as opposed to a more comprehensive choice strategy where we consider deeper criteria when making a decision.

There is one thing that seems to help us when we get stuck and have to think: heuristics or a process for solving problems.

But when a task is heuristic — requiring creativity and a willingness to experiment — pay for performance incentives are seldom effective, hampering rather than fostering creativity and experimentation.

When this does not do the job, I also activate the option «Delete blank lines between paragraphs» in «Heuristic Processing».

What heuristics did you use to determine when to give your work away for free and when to charge a small price for it?

While it might look like a reading system bug when playing, pouring resources into heuristic tests to try and guess the right point to flip the page is unrealistic (e.g., average guess of seconds per word times the number of words showing and flip the page when the resulting time has elapsed).

A simple heuristic that can be used if markets are overheated is — when a whole new set of investors star to jump in.

When published work is so bad that it has no heuristic value whatsoever, it is best ignored.

But lazy heuristics will only take you so far, and Blair's reaction to Dr Cowtan's specialization reminds me of a supposedly true story of an awkward day at a U.S. institution when a visiting British scientist was confronted with her apparent abuse of her guest PC to surf for X-rated sites.

But as experimental studies show, it's possible to disable or blunt culture's heuristic influence: when people's cultural identities are affirmed, they don't experience the threatening affective response, or are less influenced by it, as they consider information that challenges beliefs that pre-dominate in their group; when they can't discern a consistent connection between the cultural identity of advocates and positions on some risk issue, they can't simply adopt the position of the advocate whom they perceive as having values most like theirs.»

When heuristics replace Christensen's principles of reasoning in the construction of a model, then, the method of construction merits the descriptor «illogical.»

When the heuristic is applied outside its reasonable bounds, it becomes a cognitive bias.

Thus, consistent with other recent research, this study found that when in doubt about scientific facts, people are likely to use consensus among domain experts as a heuristic to guide their beliefs and behavior [15].

Oftentimes when it comes to refining knowledge, the heuristic technique known as «wisdom of the crowds» works.

When litigants integrate data and models with decision sciences research showing how psychological biases and heuristics lead to suboptimal results, they acquire new and valuable tools to assess their alternatives.

A further problem arises when we try to assign errors to a particular set of systematic biases, or attribute them to specific flawed heuristics.

Instead, there are a few heuristics and guidelines you can look to when crafting the perfect resume.

When the Need for Cognitive Structure does not Cause Heuristic Thinking: The Moderating Effect of the Perceived Ability to Achieve Cognitive Structure

That is, because a greater number of options are more difficult to manage (in terms of our ability to weigh the options and make the best selection), we tend to use more heuristic choice strategies (quick and easy cues to make a decision) as opposed to a more comprehensive choice strategy where we consider deeper criteria when making a decision.