CSE KCG College of Technology‚Chennai-97 UNIT-II (2) SEARCHING TECHNIQUES ----------------------------------------------------------------------------------------- 2.1 INFORMED SEARCH AND EXPLORATION 2.1.1 Informed(Heuristic) Search Strategies 2.1.2 Heuristic Functions 2.1.3 Local Search Algorithms and Optimization Problems 2.1.4 Local Search in Continuous Spaces 2.1.5 Online Search Agents and Unknown Environments ---------------------------------------------------------------
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the summary heuristic. While I had been asked to think analytically about different texts‚ and even different forms of art‚ in other classes‚ I was never given a framework to do so. The Summary Heuristic provided me with this framework and while some of the categories were areas I already tended to think about‚ like background and genre‚ there were many categories that provoked me to think about things that I would not have though about‚
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speeding tickets at a higher chance than drivers of the other cars with other colors. In order to analyze and address this personal opinion‚ fallacy and heuristic will be identified and explained. Fallacy is a misconception resulting from incorrect reasoning‚ in other words‚ fallacies are caused by the technical flaws in reasoning. Heuristic is the well-known set of rule that intended to increases the probability of solving specific problems and encourage us to develop the rules of thumbs or shortcuts
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and the country‚ or if they would prefer to elect a more disciplined representative to vote strictly based on their needs. Shortcuts used by the constituents to arrive at conclusions about their representatives are called heuristics. There are advantages of citizen’s using heuristics as well as disadvantages. Constituents should foremost be familiar with who represents their district‚ and more importantly figure out
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The Dark Side of Social Cognition: The Availability Heuristic‚ Self-Fulfilling Prophecies‚ and Expectancy-Congruent Memory in Relation to Social Stereotyping Throughout history‚ the topic of how we think about others has been the subject of much attention by psychologists‚ philosophers‚ theologians‚ historians‚ and laypeople alike. Despite our best efforts in recent decades to create a diverse‚ egalitarian society‚ stereotypes still haunt every corner of American life. Though many
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DECISIONS‚ we make mistakes. We all know this from personal experience‚ of course. But just in case we didn’t‚ a seemingly unending stream of experimental evidence in recent years has documented the human penchant for error. This line of research—dubbed heuristics and biases‚ although you may be more familiar with its offshoot‚ behavioral economics—has become the dominant academic approach to understanding decisions. Its practitioners have had a major influence on business‚ government‚ and financial markets
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Behavioural Finance Martin Sewell University of Cambridge February 2007 (revised April 2010) Abstract An introduction to behavioural finance‚ including a review of the major works and a summary of important heuristics. 1 Introduction Behavioural finance is the study of the influence of psychology on the behaviour of financial practitioners and the subsequent effect on markets. Behavioural finance is of interest because it helps explain why and how markets might be inefficient. For more information
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This could be due to mental resources being highly valued and limited‚ and cognitive miserliness occurs out of efficiency (Fiske & Taylor‚ 1984). Tversky and Kahneman (1974) proposed 3 types of heuristics: representativeness‚ availability and anchoring. We will use the representativeness heuristic to illustrate the model. This model suggests that individuals typically do not act like scientists who rationally analyse information in daily life. Instead‚ individuals are more inclined to act as
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1.Which of the four features of cognition - mental representation‚ processing speed and habits‚ decision-making and problem solving‚ or socio-emotional intelligence - do you consider most important and why? I believe that all four features of cognition are very important but decision-making and problem solving is most important. “Decision making illustrates some of the consequences of non-rational thinking” (Buchbinder and Shanks Pg. 91). Having the ability to make decisions and problem solve is
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Definition of Anchoring Effect: Agents would make decisions based on adjacent arbitrary event or exposure. It is one kind of “representativeness” heuristic Bounded rationality (heusistics) leading to preference reversal in the Prominence effect and response and Compatibility effect Agents use heuristics which‚ on average work‚ but sometimes it leads to inconsistent choices (preference reversal) in regards to the matching of prices/costs Bounded rationality (heusistics) leading to preference
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