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To prepare for this discussion, please read Chapter 5 of your textbook (Feenstra, 2013).

To prepare for this discussion, please read Chapter 5 of your textbook (Feenstra, 2013).  In addition, read Judgment under Uncertainty: Heuristics and Biases (Tversky and Kahneman, 1974).  Finally, review Instructor Guidance and Announcements.  In this discussion, you will consider judgment and decision making.  Be sure to use your own academic voice and apply in-text citations appropriately throughout your post. Locate an additional peer-reviewed source to support your ideas.

  1. Outline one of the following options:
    • Identify an example (not from the textbook) to illustrate one of the following heuristics: availability heuristic and representativeness heuristic, or affect heuristic.  Examine the use of heuristics.  How are our judgments, including attitudes and behaviors, influenced by social and cognitive factors?
    • Identify an example (not from the textbook) to illustrate one of the following errors in judgment: belief perseverance, confirmation bias, or illusion of control.  Examine errors in judgment.  How are our judgments, including attitudes and behaviors, influenced by social and cognitive factors?

Post your initial response of 250 words or more by Day 3 (Thursday).  Respond to at least two of your peers by Day 7 (Monday).  You are encouraged to post one or more of your required replies early each week (e.g., by Saturday) to stimulate more meaningful and interactive discourse in the discussion forum.  In addition, strive to provide a response to classmates who replied to your initial post and/or the Instructor (if applicable).  Peer responses may vary in length but should be carefully crafted and insightful.  Below are some suggestions to assist your thinking.

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Guided Response:  Reply to at least two or more peers overall.  The goal of the discussion forum is to foster continual dialogue, similar to what might occur in a verbal face-to-face exchange.  Consider the following in your responses:

  • Can you identify additional examples of the phenomenon your peer discussed?
  • Ask questions about the conclusions of the scholarly reference your peer utilized to inform his/her thinking on the topic.

Carefully review the Discussion Forum Grading Rubric for the criteria that will be used to evaluate this Discussion Thread.

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