Module 2 discussion
Decision-Making Bias Videos
Most of the sources in the background materials are library
textbook chapters or journal articles. In general, these sources are considered
much more credible than various random webpages that you will find online. When
finding an online source, you need to carefully consider the credibility of the
source. Factors to consider include the credentials of the person who wrote the
materials, whether this person is trying to sell you something, and of course
you also need to use your own intuition as to whether or not a source seems
credible.
Your task for this discussion is to go to YouTube or
videos.google.com and find a video that explains cognitive/heuristic biases
covered in the background materials such as confirmation bias, overconfidence
bias, etc. Use word searches such as “decision-making biases,” “heuristic
biases,” “overconfidence, anchoring, framing, confirmation bias,” and similar
searches. You should find many videos, but the difficult part will be to try to
find a video that is A) relevant to the topics covered in the module, B) from a
credible source, and C) easy to understand and follow.
To find a video from a very credible source, look at a video
from Nobel Prize winner and heuristic bias expert Daniel Kahneman. Credible
yes, but I can’t guarantee you will stay awake during the video. So see if you
can also find a video from a source that appears credible but and has
information consistent with the background material readings but also keeps you
awake and helps you understand the different types of decision-making biases.
Share the link with your classmates and explain why you
think the video is both useful and credible, and which biases from the
background materials the video helps explain.
Also, watch at least one other video posted by your
classmates and share your thoughts on this video.
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