Describe several heuristics that you might use when deciding whether you should a) Study especially hard for an exam OR b) ask someone for (or accept) a date.Under what circumstances are these heuristics likely to contribute to poor decision making?

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Describe several heuristics that you might use when deciding whether you should

a)Study especially hard for an exam    OR

b)ask someone for (or accept) a date.

Under what circumstances are these heuristics likely to contribute to poor decision making?

        Every day throughout our lives a decision will have to be made. The magnitude of this decision will quite obviously vary from choice to choice, but the principle remains. Whether we are deciding to walk a certain direction, or turn off the light, or even if we are deciding to attempt world domination a choice has to be made. With these choices comes indecision. There is no formula to work out how people are going to react to certain situations, so essentially any choice is a stab in the dark. These choices may be well informed, but as Benjamin Franklin said in 1789; “nothing in life is sure except death and taxes.”  

        Heuristics are a trial-and-error type method of helping to decide which decision to make. Human decision making often portrays a theory of bounded rationality. This means that human thinking may seem rational, but isn’t, for a number of reasons.  There are too many variables to calculate. Often, also, we are provided with information which is not complete. A rational decision needs symmetric information in order to be truly rational, by analysing all inputs, and as a result possible outcomes. This is where humans begin to use heuristics as a method of making the decision. These heuristics are often the cause of irrational behaviour, however, as they do not always help us make the right decision.

There are three heuristic that should be mentioned. Representativeness heuristics are those based on general past experiences. Essentially these heuristics are based on stereo types. For example, if someone were to tell you that their mother was a nurse, then you would conjure up images of nurses from your past experiences. You would then compare and contrast these images and form an opinion of whether you believed the statement or not. Due to these stereotypes, there are often misconceptions or ignorance of aspects of the decision that should be made.

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The probability of the desired reaction occurring as a result of the choice may be disregarded. For example, when asking someone on a date, many approaches can be taken. A choice has to be made whether to be coy or confident, docile or dominant. Is a chat up line a suitable way to go, or do you just say hello and try to take it from their? These decisions will normally be based on past experiences of success or failure. If a man had tried on the last three times, the same chat up line with success each time he ...

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