Skip to main content
grasp.study
About
Explore
Pricing
Log in
Try it for free
Back to course
👋
Welcome to a Grasp lesson
Create a free account
to keep studying and create your own study path.
Decision-making strategies
·
Module 1
Foundations of Rational Choice
1
Cognitive Biases & Decision-Making: System 1 vs. System 2
Define 'cognitive bias' and distinguish between System 1 (intuitive) and System 2 (deliberate) thinking to frame decision-making.
2
Cognitive Biases in Decision-Making
Identify confirmation bias and sunk cost fallacy in provided personal and financial scenarios.
3
Loss Aversion: Impact on Investment Decisions
Recognize loss aversion and its disproportionate impact on risk assessment in investment decisions.
Previous module
Next module
Core Decision-Making Tools