AP PSYCHOLOGY

Detailed explanation-1: -A heuristic is a rule-of-thumb, or a guide toward what behavior is appropriate for a certain situation. Heuristics are also known as “mental shortcuts” (Kahneman, 2011). Such shortcuts can aid us when we face time pressure to decide, or when conditions are complex and our attention is divided.

Detailed explanation-2: -Heuristics, or “rules of thumb, ” are problem-solving methods that are based on practical experience and knowledge. They allow you to use a “quick fix” to solve a minor problem or to narrow down options. They’re also a great starting point for brainstorming or exploring new ideas.

Detailed explanation-3: -Heuristics are mental shortcuts for solving problems in a quick way that delivers a result that is sufficient enough to be useful given time constraints. Investors and financial professionals use a heuristic approach to speed up analysis and investment decisions.

Detailed explanation-4: -Heuristics are mental shortcuts that allow people to solve problems and make judgments quickly and efficiently. These rule-of-thumb strategies shorten decision-making time and allow people to function without constantly stopping to think about their next course of action.