a) When we make decisions we often use heuristics. Outline and describe the two main heuristics presented in class, and provide examples of each. What information do we use when we are utilizing a heuristic, and what information are we NOT using.
b) I presented information about rational approaches to reasoning and decision making in class. Please outline the two basic types of formal, logical approaches to reasoning (i.e., what is formal logic?). Next, explain how formal logic relates to decision making, and finally what are some common errors of logic that people make?