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Hyperbolic discounting leads to choices that are inconsistent over time—people make choices today that their future selves would prefer not to have made, despite using the same reasoning. [52] Also known as current moment bias or present bias, and related to Dynamic inconsistency. A good example of this is a study showed that when making food ...
Categorization is a type of cognition involving conceptual differentiation between characteristics of conscious experience, such as objects, events, or ideas.It involves the abstraction and differentiation of aspects of experience by sorting and distinguishing between groupings, through classification or typification [1] [2] on the basis of traits, features, similarities or other criteria that ...
Moral intelligence is the capacity to understand right from wrong and to behave based on the value that is believed to be right. [38] It is considered a distinct form of intelligence, independent to both emotional and cognitive intelligence. [39]
Human intelligence is the intellectual capability of humans, which is marked by complex cognitive feats and high levels of motivation and self-awareness.Using their intelligence, humans are able to learn, form concepts, understand, and apply logic and reason.
Empathy is generally described as the ability to take on another person's perspective, to understand, feel, and possibly share and respond to their experience. [1] [2] [3] There are more (sometimes conflicting) definitions of empathy that include but are not limited to social, cognitive, and emotional processes primarily concerned with understanding others.
Short term memory holds information for slightly longer periods of time, but still has a limited capacity. According to Linden, [8] "The capacity of STM had initially been estimated at "seven plus or minus two" items, [9] which fits the observation from neuropsychological testing that the average digit span of healthy adults is about seven. [10]
This special case is how expected value of perfect information and expected value of sample information are calculated where risk neutrality is implicitly assumed. For cases where the decision-maker is risk averse or risk seeking , this simple calculation does not necessarily yield the correct result, and iterative calculation is the only way ...
Capacity theory is the theoretical approach that pulled researchers from Filter theories with Kahneman's published 1973 study, Attention and Effort positing attention was limited in overall capacity, that a person's ability to perform simultaneous tasks depends on how much "capacity" the jobs require. Further researchers - Johnson and Heinz ...