Read through the exercise then watch the video clip. Think about the scale of 1-
ID: 434525 • Letter: R
Question
Read through the exercise then watch the video clip. Think about the scale of 1-100 question that is asked of you. After watching the video, what examples can be explained in the clip to illustrate the "illusion of control " heuristic? Explain why.
Think about the following heuristics: availability, simulation, representation, anchoring with adjustment, loss and risk aversion. What heuristics most likely helped you make your decision and why?
Snap Judgments: Risks and Benefits of Heuristic Thinking 211 THINKING CRITICALLY In Control of Your ATV Yamaha makes one of today's most popular ATVs, the Yamaha Rhino. Before going turther in this exercise, answer this Suppose you were given, free of charge, the offer to use as you wish a Yamaha Rhino all day and you had complete access to a beautiful recreational area with hills, streams, ravines, woodlands, and open meadows. Assume that you would not be charged any money, even if you brought the vehicle back damaged. On a scale of 1 to 100, with 100 being "Absolutely, yes!" how likely would you be to accept this offer? After marking down your answer, search and watch the multip news stories about ATV dangers. (Search "ATV dangers.") Listen to the riders who are interviewed. Do any of them exhibit indications that they may be suffering the influences of the illusion of control heuristic? Explain why. Now, having seen the video interviews you found online, on the same scale of 1 to 100, free use of the Rhino? If you changed your answer from the representation, anchoring with adjustment? Did your sense of first time, that is OK. Question: If you changed your answer, risk and possible loss increase or decrease having seen the why did you change? Reflect on your second decision. Did news story? how likely would you be to accept the offer of the any of these heuristics play a role: availability, simulation, lit for your contribution to a highlyExplanation / Answer
At first, when Yamaha Rhino was given to me free of cost, I would definitely accept the offer.On a scale of 1-100, I would consider 100 , that is Absolutely Yes. This is because getting adventurous ride on ATV is very exciting and it fascinates me.
After going through the live incidents of casualty and probable dangers of using ATV, I would say NOand consider 25 on ascale of 1-100.This is because riding ATV is very dangerous and is considered to be the deadliest ride considered so far. There have been so many casualties and injuries associated with it and ConsumerProduct Safety Commission has considered it to be a very unsafe vehicle and warns the people not to use it.
Loss and Risk Aversion behavior of mine prohibits me to use the vehicle as I do not want to take any risk towards my life and do not want to lose my life at the cost of adventure and entertainment.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.