The Choices We Have To Make | Judgment, Reasoning, & Decision-Making (Cognitive Psych #9)
Channel: Francis Simonh Bries
Date: 2020-11-20

In this series finale, we look at how thinking is really for doing - how cognition and action are tied together. By considering information and taking what knowledge we have, we're able to judge, infer, reason, and decide about things that confront us. We're not perfect thinkers who could always come up with perfectly rational answers - but we're somehow able to live our lives well by making good enough choices. This episode is about the limits of thinking, and how we're able to overcome them. [Psych 148, Episode 9/9]

00:00 Judgment, Reasoning, & Decision-Making
03:08 PART 1 - Judging, Reasoning, & Deciding
03:56 Judgment
04:23 Reasoning (Deduction, Induction, Abduction)
07:50 Decision-Making
09:16 System 1 (Heuristic) vs. System 2 (Systematic) Thinking
11:16 Insight 1 "Heuristics"
11:46 PART 2 - Judgment, Induction, & Abduction
12:06 Insight 2 "Relevant Information"
12:27 Availability Heuristic
18:21 Representativeness Heuristic
23:51 PART 3 - Deduction & Logical Reasoning
24:15 Categorical & Conditional Syllogisms
24:57 Insight 3 "Confirmation Biases"
30:18 PART 4 - Decision-Making & Everyday Thinking
30:47 Expected Utility Theory
31:22 Characteristics of Everyday Thinking
33:33 Insight 4 "Certainty and Risk"
34:00 Decision-Making Heuristics & Biases
34:28 Insight 5 "Reference Points"
35:18 Regret & Satisfaction
41:09 Bounded Rationality
42:15 Epilogue
43:22 This Has Been Psych 148

Produced by Francis Simonh Bries
Department of Psychology, University of the Philippines Diliman

[REFERENCES]

Dunning, D. (2012). Judgment and decision making. In S. T. Fiske & C. N. Macrae, SAGE handbook of social cognition. SAGE.

Eysenck, M. W., & Keane, M. T. (2010). Cognitive psychology: A Student's Handbook (6th ed.). Psychology Press.

Goldstein, E. B. (2019). Cognitive Psychology: Connecting Mind, Research, and Everyday Experience (5th ed.). Cengage.

[IMAGES]
Vector illustrations from https://icons8.com/illustrations/style--cherry
All image sources cited in slide of usage

[MUSIC]
Despair and Triumph by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/3641-despair-and-triumph
License: http://creativecommons.org/licenses/by/4.0/

Thinking Music by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4522-thinking-music
License: http://creativecommons.org/licenses/by/4.0/

On Hold For You by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/6928-on-hold-for-you
License: http://creativecommons.org/licenses/by/4.0/