Kahneman and Tversky: How heuristics impact our judgment
A classic paper from Daniel Kahneman and Amos Tversky examines the role that heuristics play in our decisions, predictions, and assessments in situations characterized by uncertainty.
This video attempts to illustrate the ideas presented by Kahneman and Tversky in their 1974 paper, Judgment under Uncertainty, which was originally published in Science. The paper looks at three heuristics which are commonly employed: representativeness, availability, and anchoring.
The original paper can be found here: www.jstor.org/stable/1738360?
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Пікірлер: 40
Thank you! I am just reading through that paper and it's great that somebody made the effort to summarize it for me :-)
@intermittentdiversion
3 жыл бұрын
Happy to help, Matej! Thanks for watching
HOW IS THIS SUCH A GOOD VIDEO, WITH 70 VIEWS!!!!!!!! thanks i have a midterm and this helped a lot
@intermittentdiversion
5 жыл бұрын
Thanks! Hope your midterms went well!
@GAZDAGP
3 жыл бұрын
KZread VIDEO CHOICE HEURISTICS
@LKOO7
3 жыл бұрын
33 thousand views
What a great video 👍 Fascinating topic and amazingly well presented 👍 Thumbs up! 👍
The Graphics are so amazingly done that it makes me understand it so easily. Tomorrow is My Exam of media Psychology and now I have finally Understood the How heuristics impact our judgment. Thank you :)
Thank you, helped me a bunch!
This is amazing!!!!!!! Please make more videos like the Braziliana one !!!!! What determines the value of the currency of a country !!!!
Thinking Fast and Slow by Daniel Kahneman talks about all of this! Really recommend that book
@bitupanbhuyan5183
3 жыл бұрын
The video is all about that
@ladindoja92
3 жыл бұрын
AMA
@kevinuc1514
3 жыл бұрын
how's this book?
Amazing Work Alex. Kudos to apt and crisp explanations.✌️👍
@intermittentdiversion
3 жыл бұрын
Thank you for your kind words, Amit!
Great Video!
Notes if you're assigned to do this in class and you lowkey procrastinated: Heuristics- rules of thumb that allow us to make decisions efficiently, simplifying complex tasks Daniel Kahneman and Amos Tversky examine how heuristics are useful however but can lead to bias and systematic errors Potential flaws: 1. Representativeness- overestimate the accuracy and likelihood of an event ex. One who is shy, quiet and organized may be believed to be a librarian rather than a farmer 2. Availability- how easily things are retrieved from memory or constructed from imagination ex1. Randomly flipping to a page and guessing that the letter "r" is more likely to show up at the start of a word as opposed to the third because you were able to recall more words that start with R easier ex2. Fearing being robbed after watching a news report about robbery 3. Anchoring- a reference point is given to a subject and estimates rely too heavily on it ex1. 1*2*3*4*5*6*7*8 may lead to a lower estimate than if asked to estimate 8*7*6*5*4*3*2*1 ex2. thinking $6.99 is a better deal than $7
thanks!!, I needed this!!
@intermittentdiversion
4 жыл бұрын
Glad it helped, Riya! Thanks for watching!
Great vid; it expanded my knowledge on this interesting topic.
@intermittentdiversion
4 жыл бұрын
Glad you found it useful-thanks for watching!
Thank you very much
This video is soooo good. My psychology IA thanks you!!! Have a blessed one!
@intermittentdiversion
5 жыл бұрын
Thanks! Glad you found it helpful!
I'm just here for that guitar in the background
Great summary!
@intermittentdiversion
2 жыл бұрын
Thanks, Owen!
Wow.
Thank you.
@intermittentdiversion
2 жыл бұрын
Thanks for watching!
so in steve’s case, what would the answer be? is he a librarian, farmer, or equally likely he is a librarian or farmer? this is similar to my assignment, your answer will help a lot. thank you!
@ryrez4478
4 жыл бұрын
i think its more likely hes a farmer
💙💙
the information looks like Past, Present, Future of Camerrer.
Where does confirmation bias fit in
2:00
Grüße gehen raus an meine Homes von der Macromedia
@BorussiaFan14
5 жыл бұрын
Scrrrrrrrrrrrrrr
It would have been easier to listen to w/o the background music