GROWTH DEVELOPMENT CHILD
COGNITION AND EMOTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Heuristics
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Algorithms
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Mnemonic Devices
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Trial & Error Rounds
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Detailed explanation-1: -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.
Detailed explanation-2: -Representativeness. A popular shortcut method in problem-solving identified in behavioral economics is called representativeness heuristics. Representativeness uses mental shortcuts to make decisions based on past events or traits that are representative of or similar to the current situation.
Detailed explanation-3: -Heuristics are problem-solving techniques that result in a quick and practical solution. In situations where perfect solutions may be improbable, heuristics can be used to achieve imperfect but satisfactory decisions. Most heuristic methods involve using mental shortcuts to make decisions based on prior experiences.