CHILD DEVELOPMENT PEDAGOGY

Detailed explanation-1: -Heuristic–simple thinking strategy that often allows us to make judgments and solve problems efficiently. Fixation-the inability to see a problem from a fresh perspective. One type of fixation is functional fixedness—tendency to perceive the functions of objects as fixed and unchanging.

Detailed explanation-2: -Heuristic: a simple thinking strategy that often allows us to make judgments and solve problems efficiently; usually speedier but also more error-prone than algorithms. Insight: a sudden and often novel realization of the solution to a problem; it contrasts with strategy-based solutions.

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.

Detailed explanation-4: -Heuristics are mental shortcuts that can facilitate problem-solving and probability judgments. These strategies are generalizations, or rules-of-thumb, reduce cognitive load, and can be effective for making immediate judgments, however, they often result in irrational or inaccurate conclusions.

Detailed explanation-5: -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.