Misestimation - Study guides, Class notes & Summaries

Overconfidence - Answer- belief that an individual or organization possesses greater knowledge or skill than it actually has. Tend to overvalue our frame and undermine others Three different forms of overconfidence - Answer- misestimation, misplacement, and misprecision Misestimation - Answer- when people incorrectly estimate quantities/planning fallacy (ex: operation will be done in 27 months) misplacement - Answer- tendency to place yourselves higher than another person (above average...

Robustness - Answer - when more than one frame is needed - the same alternative course of action looks best in all frames - look at the same decision through multiple frames and comes to the same decision Meta- decision - Answer - deciding how to decide - Answers these questions: Which of the four phase of a good decision process deserves the most attention?, Are we solving the right problem?, Who are the people who should be involved in the decision? NOT: Do I have enough confiden...

Robustness - Answer - when more than one frame is needed - the same alternative course of action looks best in all frames - look at the same decision through multiple frames and comes to the same decision Meta- decision - Answer - deciding how to decide - Answers these questions: Which of the four phase of a good decision process deserves the most attention?, Are we solving the right problem?, Who are the people who should be involved in the decision? NOT: Do I have enough confiden...

4000 Quiz 7 Latest Update Graded A+ Which group(s) of individuals is/are considered vulnerable populations for research studies? Male College Students Prisoners Persons with English as a second language Which of the following is the best example of the ethical principle veracity being violated in the twin study discussed in "Three Identical Strangers". The Louise Wise Adoption Agency failing to tell the adoptive families that their child was a triplet. It was noted multiple times...