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Bias, Fallacies & Decision Errors–Processing Information: Sights, Sounds and Framing
Author(s) -
Creo Robert A.
Publication year - 2014
Publication title -
alternatives to the high cost of litigation
Language(s) - English
Resource type - Journals
eISSN - 1549-4381
pISSN - 1549-4373
DOI - 10.1002/alt.21548
Subject(s) - presupposition , framing (construction) , cognition , information processing , psychology , framing effect , instinct , sight , cognitive resource theory , cognitive psychology , cognitive bias , social psychology , computer science , cognitive science , epistemology , persuasion , philosophy , physics , structural engineering , astronomy , neuroscience , evolutionary biology , engineering , biology
The Master Mediator addresses in a series of columns the psychological factors and cognitive bias that may affect dispute resolution. Recent columns have explored the seminal work of Professor Daniel Kahneman in identifying two cognitive modes: “System 1,” which is fast, instinctive and emotional, and “System 2,” which is slower, more deliberative, and more logical. Cognitive Bias is the tendency to make incorrect judgments based on erroneous presuppositions. It is a default to the System 1, with the brain processing information quickly to reach a decision or to act, without the filter and reflection of System 2. According to Professor Max Bazerman, it arises when “a heuristic is inappropriately applied by an individual in reaching a decision” (see box) .

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