People making judgements about the probability of events by how easy it is to recal examples of such events
1 of 7
Anchoring
Relying on the first piece of information received, making a decision based on this information
2 of 7
Social Norm
A belief held by a group of people with whom we associate about how we should behave in a given situation
3 of 7
Alturism
The selflessness concern for the well being of others- donating money etc.
4 of 7
Framing
Tendency for people to be influenced by the context in which the choice is presented when making a decision- £30 a month or £300 a year
5 of 7
Choice Architecture
How choices can be influenced by the way in which the various options are presented to the decision maker- opt out scheme by gov- socially desirable outcome
6 of 7
Nudge
Changing peoples behaviour in a predictable manner without removing the choice of freedom- healthy food on eye level etc.
7 of 7
Other cards in this set
Card 2
Front
Relying on the first piece of information received, making a decision based on this information
Back
Anchoring
Card 3
Front
A belief held by a group of people with whom we associate about how we should behave in a given situation
Back
Card 4
Front
The selflessness concern for the well being of others- donating money etc.
Back
Card 5
Front
Tendency for people to be influenced by the context in which the choice is presented when making a decision- £30 a month or £300 a year
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