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Heuristics and Biases: The Psychology of Intuitive Judgment
A review is presented of the book “Heuristics and Biases: The Psychology of Intuitive Judgment,” edited by Thomas Gilovich, Dale Griffin, and Daniel Kahneman.
To do or to have? That is the question.
TLDR
Evidence that experiences make people happier is focused on because they are more open to positive reinterpretations, are a more meaningful part of one's identity, and contribute more to successful social relationships.
How We Know What Isn't So: The Fallibility of Human Reason in Everyday Life
When can we trust what we believe - that "teams and players have winning streaks", that "flattery works", or that "the more people who agree, the more likely they are to be right" - and when are such
Perspective taking as egocentric anchoring and adjustment.
The authors propose that people adopt others' perspectives by serially adjusting from their own. As predicted, estimates of others' perceptions were consistent with one's own but differed in a manner
The experience of regret: what, when, and why.
TLDR
The authors contend that this temporal pattern to the experience of regret is multiply determined, and present a framework to organize the divergent causal mechanisms that are responsible for it.
Does Studying Economics Inhibit Cooperation
In this paper we investigate whether exposure to the self-interest model commonly used in economics alters the extent to which people behave in self-interested ways. First, we report the results of
The Anchoring-and-Adjustment Heuristic
TLDR
The results of two sets of experiments indicate that adjustments from self-generated anchor values tend to be insufficient because they terminate once a plausible value is reached unless one is able and willing to search for a more accurate estimate.
Putting Adjustment Back in the Anchoring and Adjustment Heuristic: Differential Processing of Self-Generated and Experimenter-Provided Anchors
TLDR
Evidence is presented that insufficient adjustment produces anchoring effects when the anchors are self-generated, and it is suggested it is time to reintroduce anchoring and adjustment as an explanation for some judgments under uncertainty.
The temporal pattern to the experience of regret.
TLDR
It was found that people's biggest regrets tend to involve things they have failed to do in their lives, which conflicts with research on counterfactual thinking that indicates that people regret unfortunate outcomes that stem from actions taken more than identical outcomes that result from actions foregone.
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