Search results
Results from the WOW.Com Content Network
An arbitrary legal judgment is a decision made at the discretion of the judge, not one that is fixed by law. [7] [1] In some countries, a prohibition of arbitrariness is enshrined into the constitution. Article 9 of the Swiss Federal Constitution theoretically overrides even democratic decisions in prohibiting arbitrary government action. [8]
Heuristics (from Ancient Greek εὑρίσκω, heurískō, "I find, discover") is the process by which humans use mental shortcuts to arrive at decisions. Heuristics are simple strategies that humans, animals, [1] [2] [3] organizations, [4] and even machines [5] use to quickly form judgments, make decisions, and find solutions to complex problems.
Reference class forecasting is a method for systematically debiasing estimates and decisions, based on what Daniel Kahneman has dubbed the outside view. Similar to Gigerenzer (1996), [43] Haselton et al. (2005) state the content and direction of cognitive biases are not "arbitrary" (p. 730). [1] Moreover, cognitive biases can be controlled.
Gigerenzer & Gaissmaier (2011) state that sub-sets of strategy include heuristics, regression analysis, and Bayesian inference. [14]A heuristic is a strategy that ignores part of the information, with the goal of making decisions more quickly, frugally, and/or accurately than more complex methods (Gigerenzer and Gaissmaier [2011], p. 454; see also Todd et al. [2012], p. 7).
Drew Hurd, the lawyer for MRose Development Company, agreed that Judge Knoff’s decision ought to be overturned, but he argued that there is enough evidence of arbitrary decision making to ...
Previous research into decision making. Noom's research looks at the informed choices we make on a daily basis and doesn't factor in the teeny tiny choices we make without even realising it. So ...
The extent to which cognitive bias is mitigated by using these systems was the overarching question in this study. While the independent variable was the use of the BI system, the dependent variable was the outcome of the decision-making process. The subjects were presented with a 'plausible' anchor and a 'spurious' anchor in a forecasting ...
Predictably Irrational: The Hidden Forces That Shape Our Decisions is a 2008 book by Dan Ariely, in which he challenges readers' assumptions about making decisions based on rational thought. Ariely explains, "My goal, by the end of this book, is to help you fundamentally rethink what makes you and the people around you tick.