PSYCHOLOGY OF EMOTIONS

Detailed explanation-1: -The representativeness heuristic refers to the tendency to assess the probability that a stimulus belongs to a particular class by judging the degree to which that event corresponds to an appropriate mental model.

Detailed explanation-2: -The planning fallacy describes our tendency to underestimate the amount of time it will take to complete a task, as well as the costs and risks associated with that task-even if it contradicts our experiences.

Detailed explanation-3: -An example of belief perseverance is a person who believes that smoking does not cause cancer despite the abundance of evidence that shows that smoking does cause cancer.

Detailed explanation-4: -Overconfidence influences our decisions and judgments by making us overestimate the accuracy of our decisions and judgments. Belief perseverance influences our decisions and judgments by making us tend to believe our beliefs even when evidence contradicts them.