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Studies have suggested that source-monitoring difficulties in people with schizophrenia are due to failure encoding the source of self-generated items and the tendency to attribute new items to a previously presented source; another suggestion is that the affected perceive internal stimuli as real events. [21]
Semantic encoding is the processing and encoding of sensory input that has particular meaning or can be applied to a context. Various strategies can be applied such as chunking and mnemonics to aid in encoding, and in some cases, allow deep processing, and optimizing retrieval.
Memory errors can also depend on the method of encoding used when initially experiencing or learning information, known as transfer-appropriate processing. [36] Encoding processes can occur at three levels: visual form (the letters that make up a word), phonology (the sound of a word), and semantics (the meaning of the word or sentence).
Incidental memory is defined as the ability to acquire and recall information that was unintentionally encoded and stored. [1] It describes how memory formation occurs incidentally as a byproduct of engaging in other activities without conscious and deliberate efforts to remember and meaningfully process the information.
Behavioral economics is the study of the psychological (e.g. cognitive, behavioral, affective, social) factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economic theory. [1] [2] Behavioral economics is primarily concerned with the bounds of rationality of economic ...
In psychology and cognitive science, a memory bias is a cognitive bias that either enhances or impairs the recall of a memory (either the chances that the memory will be recalled at all, or the amount of time it takes for it to be recalled, or both), or that alters the content of a reported memory. There are many types of memory bias, including:
In economics, coordination failure is a concept that can explain recessions through the failure of firms and other price setters to coordinate. [1] In an economic system with multiple equilibria, coordination failure occurs when a group of firms could achieve a more desirable equilibrium but fail to because they do not coordinate their decision making. [2]
In psychology, the misattribution of memory or source misattribution is the misidentification of the origin of a memory by the person making the memory recall.Misattribution is likely to occur when individuals are unable to monitor and control the influence of their attitudes, toward their judgments, at the time of retrieval. [1]