5. According to Kahneman and Tversky, which of the following gas stations would

Question

5. According to Kahneman and Tversky, which of the following gas stations would you be most likely to choose to go to?

A. “Using your credit card will incur a 10 cent surcharge.”

B. “Receive a 20 cent discount when you use cash!”

C. “Our prices never fluctuate!”

D. You would be equally likely to choose any of these.

6. The availability heuristic functions on which principle?

A. Things that are more easily remembered are assumed to occur more often.

B. Things that we understand now always would have happened.

C. If we are certain, we must be right.

D. The best evidence affirms our hypothesis.

7. Which of the following has NOT been shown to influence syllogistic reasoning?

A. phrasing

B. content

C. understanding

D. desirability

Explanation / Answer

5. C. Our prices never fluctuate

This could be attributed to the Von Restorff effect, wherein things that seem more distinct seem to stand out and grab the attention more. As the other to mention numbers and cost, the other mentions no number and something different.

6. A. Things that are remembered more easily are assumed to occur more often

Things that follow a rememberable context are more usually the most remembered and hence recalled. This leads to the availability heuristic when we attribute us remembering something more to us generalizing it's frequency.

7. D. Desirability.

Syllogistic reasoning aims in inferring whether the conclusion of a given argument is corollary of the premise, wherein factors such as phrasing content and understandability are rudimentary.

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