discussions

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341week4.docx

Select three of the following concepts. Describe the concept in detail and provide an example.

· The overconfidence phenomenon 

· The framing effect 

· The discounting of base-rate information 

· The availability heuristic 

· Illusory correlations 

· Illusions of control 

· Perceiving order in random sequences 

· Belief perseverance 

· Hindsight bias 

· Self-serving bias 

· Mood effects on memories and judgments 

· Ingroup bias