Search results
Results From The WOW.Com Content Network
The ambiguity effect is a cognitive tendency where decision making is affected by a lack of information, or "ambiguity". [1] The effect implies that people tend to select options for which the probability of a favorable outcome is known, over an option for which the probability of a favorable outcome is unknown.
A skilled negotiator may serve as an advocate for one party to the negotiation. The advocate attempts to obtain the most favorable outcomes possible for that party. In this process, the negotiator attempts to determine the minimum outcome(s) the other party is (or parties are) willing to accept, then adjusts their demands accordingly.
The ancient Greek philosophers Plato and Aristotle debated economic equality. Painting by Raffaello Sanzio (1509). According to professor of politics Ed Rooksby, the concept of equality of outcome is an important one in disputes between different political positions, since equality has overall been seen as positive and an important concept that is "deeply embedded in the fabric of modern ...
Optimism is the attitude or mindset of expecting events to lead to particularly positive, favorable, desirable, and hopeful outcomes. A common idiom used to illustrate optimism versus pessimism is a glass filled with water to the halfway point : an optimist is said to see the glass as half full, while a pessimist sees the glass as half empty.
A simple example is the tossing of a fair (unbiased) coin. Since the coin is fair, the two outcomes ("heads" and "tails") are both equally probable; the probability of "heads" equals the probability of "tails"; and since no other outcomes are possible, the probability of either "heads" or "tails" is 1/2 (which could also be written as 0.5 or 50%).
In probability theory, odds provide a measure of the probability of a particular outcome. Odds are commonly used in gambling and statistics.For example for an event that is 40% probable, one could say that the odds are "2 in 5", "2 to 3 in favor", or "3 to 2 against".
Delayed gratification, or deferred gratification, is the ability to resist the temptation of an immediate reward in favor of a more valuable and long-lasting reward later. It involves forgoing a smaller, immediate pleasure to achieve a larger or more enduring benefit in the future. [ 1 ]
Good cognitive insight predicts favorable outcomes in cognitive behavioural therapy for people with psychosis. [40] On the other hand, for people with schizophrenia, good cognitive insight is associated with higher self-stigma, higher insight into treatment, and lower medication compliance. It is not associated with a change in quality-of-life ...