Cognitive Biases and Decision Making
Writing Assignment 2: Cognitive Biases and Decision Making due 3/7
Prompt: Much of cognition in general proceeds in an automatic fashion that is subject to numerous errors and biases. Daniel Khaneman and Amos Tversky are well-known for characterizing numerous cognitive biases and positing a dual-process theory of decision making that suggests we use two different modes of processing that are characterized by automatic, error-prone thinking versus more effortful, accurate thinking. These are called Type 1 and Type 2 processing, respectively. This paper will define cognitive biases and heuristics and discuss strategies such as mindfulness that can be used to shift from Type 1 to Type 2 thinking.
· What are examples of cognitive biases and heuristics?
· According to Khaneman, what are Type 1 and Type 2 processing?
· What can be done to shift from Type 1 to Type 2 processing?
Background reading: Review the sections on cognitive biases, heuristics, and dual-processing theories from Chapter 12 in your book; read Khaneman’s Nobel Prize acceptance speech.
· Plan to write up to 7 full pages, excluding references.
· Cite at least five peer-reviewed papers or books; one of these can be your textbook.
· CITATIONS and REFERENCES must be in APA format. Use Purdue OWL to find out how to format citations and references; the link is provided online.
· The paper should be double-spaced with 1-inch margins. Use 12-point Times New Roman, Calibri, or Arial font. Papers must be in .pdf or Word format (other formats such as .pages are not accepted).
· You do not need a title page or a running header. An abstract is not required.
· On the first page, list your name, PSY348, and date listed in the upper-left hand corner. Put the paper title in bold and centered at the top of the first page.
· Points will be deducted for spelling and grammar errors.