Judgments

Definition

Judgments refer to the mental processes of forming opinions, making decisions, or coming to conclusions about something based on available information.

Related terms

Anchoring Bias:

This bias occurs when we rely too heavily on the first piece of information we encounter when making judgments.

Confirmation Bias:

This bias refers to our tendency to seek out information that confirms our existing beliefs or hypotheses.

Availability Heuristic:

This heuristic involves estimating the likelihood or frequency of an event based on how easily examples come to mind.