Overconfidence bias Samenvattingen, Aantekeningen en Examens

organizational behavior The science of behavior in work organizations. An applied social science that draws on more basic social sciences: psych, sociology, poly sci, economics Involves descriptive, interpretive, and prescriptive science Most important attributes of a job candidate communication, interpersonal skills, the ability to work well in teams Reasons CEOs fail Don't understand the culture of their organization, how they are perceived, how to motivate others Ind...

What is empirical evidence? Evidence arising from systematic testing or experimentation What is the best form of evidence/info. and the worst form of evidence/info.? Best: review or synthesis of multiple experiments and randomized controlled experiments Worst: personal experience and anecdotes Provide an example of when empirical evidence helped a company save money 7/11 wanted to improve service...they randomly assigned 15 stores to a courtesy control group where the clerks no...

Introspection - ANSWER-Focusing on inner sensations, images and feelings. Wundt used this approach as did James with the stream of consciousness. Behaviorists - ANSWER-John B. Watson and B.F. Skinner dismissed introspection and redefined psychology as the scientific study of observable behavior. Humanistic Psychology - ANSWER-Rebelled against both Behaviorism and Freudian psychology. Pioneers Carl Rogers and Maslow emphasized the importance of current environmental influences on our grow...

OAM 330 Midterm Questions and Answers Already Passed The science of behavior in work organizations Organizational Behavior What do people do? Descriptive Science How and why does it happen? Interpretive Science what should people do, and how can we make it happen? Prescriptive Science Intuition, Experience, Systematic Study Approaches to OB Intuition, Anecdote, Personal Experience, Case Studies/Expert Opinion, Other forms of systematic research, Randomized controlled experiments, Review or ...

individual level organizational behavior -How to avoid common decision traps and make effective decisions -How personality and culture influence work behavior -How to motivate others interpersonal level organizational behavior -How people acquire and use power in organizations -How to utilize persuasion techniques to influence others -How to negotiate and manage conflicts successfully collective level organizational behavior -The advantages and disadvantages of teams -The p...

Psychology Exam #1, Module 2: Research Strategies: How Psychologists Ask and Answer Questions. same Despite some gender differences, the underlying processes of human behavior are the _. biology, experience Nature is to nurture as _ to _. biology The environment (nurture_) has an affect on us, but that influence is constrained by our _ (nature). John Watson In the early 20th century, _ _ redefined psychology as "the science of observable behavior." functionalist, structuralists Wil...

CFA Level 3 Exam 204 Questions with Answers 2023 bounded rationality - CORRECT ANSWER individuals act as rationally as possible but are constrained by a lack of knowledge and cognitive ability satisfice - CORRECT ANSWER making a reasonable but not necessarily optimal decision the price is right - CORRECT ANSWER asset prices reflect and instantly adjust to all available information weak-form efficiency - CORRECT ANSWER prices inncoporate all past price and volume data semi-strong...

Most people think_____ will motivate them more than it actually does pay Making work _______ challenging may motivate better than making a job easier more Employers _______ the power of acknowledgment and thanks underestimate Common sense is necessary - but not sufficient for predicting human behavior in organizations• Success: task skills + management skills Behavior is predictable What is empirical evidence? in modern science - evidence arisin...

Psychology, Myers 9th Edition Study Guide Graded A+ SQ3R Socrates and Plato Aristole Descartes and Plato Locke Wundt and Titchener William James and Darwin Watson and Skinner structuralism functionalism behaviorism humanistic psychology cognitive neuroscience nature vs nurture natural selection neuroscience evolutionary behavior genetics psychodynamic behavioral cognitive social cultural hindsight bias overconfidence critical thinking theory hypothesis case study sur...

Anchoring the tendency, in making judgments, to rely on the first piece of information encountered or information that comes most quickly to mind example of anchoring bias estimates made in the presence of an anchor are closer to the anchor. Ex: Prime someone with a large number and then tell them to estimate the cost, they will have a higher estimate than if they weren't anchored with the higher number. Confirmation Bias tendency to search for information that reinforces your ...