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SC-1.2 Your Brain and Money

  •  English    11     Public
    Explain what cognitive bias is and how it can impact their decision making
  •   Study   Slideshow
  • What percent of your daily activities are habits?
    45%
  •  15
  • What is our social skill of the day?
    Deep Breathing
  •  15
  • What is one benefit of deep breathing?
    answers will vary
  •  15
  • What is the tendency people have to be more confident in their own abilities when compared to others called?
    Overconfidence Bias
  •  15
  • What does FOMO stand for?
    Fear of Missing Out
  •  15
  • What is the endowment effect?
    an emotional bias that causes individuals to value an owned object higher, often irrationally, than its market value.
  •  15
  • What is one way to combat FOMO?
    answers will vary
  •  15
  • What is one positive habit you have?
    answers will vary
  •  15
  • What tactics do marketers use to create FOMO?
    answers will vary
  •  15
  • What is one thing you learned today?
    answers will vary
  •  15
  • answers will vary
  •  15