Dual process theories of belief bias in syllogistic reasoning claim that:

Rational decisions are those that:

Consider the following premises and conclusion and then match the phrases to their labels. Premis 1: If a stock’s price is rising, then the company is performing well. Premis 2: The stock’s price is not rising. Conclusion: The company is not performing well.

According to bounded rationality views:

Research on decision-making indicates that participants:

Participants are MORE likely to judge a syllogism to be valid if the:

Which of the following claims about mental models is NOT true?

People thought of themselves as individuals in the Middle Ages

Work with the cognitive reflection test has led to a tripartite model of reasoning. This tripartite model:

Research examining cases where counterexamples and contextual information is explicitly provided  (see example below) has found that: Example: Premis: If it is raining, then the road is wet. Premise: If it is sleeting, then the road is wet. Premise: The road is wet. Conclusion: It is raining.