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Image credits: WineOnThePatio #3. Looking back, some of the worst decisions I made were staying in toxic relationships for too long, ignoring my mental health until it became overwhelming, and not ...
In decision making and psychology, decision fatigue refers to the deteriorating quality of decisions made by an individual after a long session of decision making. [1] [2] It is now understood as one of the causes of irrational trade-offs in decision making. [2] Decision fatigue may also lead to consumers making poor choices with their purchases.
The extent of the delay between encoding is a potential factor that could affect choice-supportive bias. If there is a larger delay between encoding (i.e. viewing the information about the options) and retrieval (i.e. memory tests) it is likely to result in more biased choices rather than the impact of the actual choice on choice-supportive ...
After experiencing a bad outcome with a decision problem, the tendency to avoid the choice previously made when faced with the same decision problem again, even though the choice was optimal. Also known as "once bitten, twice shy" or "hot stove effect". [106] Mere exposure effect or familiarity principle (in social psychology)
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The negativity bias, [1] also known as the negativity effect, is a cognitive bias that, even when positive or neutral things of equal intensity occur, things of a more negative nature (e.g. unpleasant thoughts, emotions, or social interactions; harmful/traumatic events) have a greater effect on one's psychological state and processes than neutral or positive things.
Decision uncertainty, positive performance trend information, and expressed preference for initial decision have been found to have positive relationships. [ 9 ] High costs of ending a project or changing its course, potential financial gain upon completion, and extensive structure can factor in to escalation of commitment, making it difficult ...
Older adults' lack of cognitive resources, such as flexibility in decision making strategies, may cause older adults to be influenced by emotional frames more so than younger adults or adolescents. [29] In addition, as individuals age, they make decisions more quickly than their younger counterparts. [11]