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The affect heuristic is applied when people:  Let affect change their assessment of the value of money   Let their likes and dislikes determine their beliefs about the world   Allow their moods to affect their decisions   Find reasons to change their affect   Let heurstics affect their decisions

Question

The affect heuristic is applied when people:  Let affect change their assessment of the value of money   Let their likes and dislikes determine their beliefs about the world   Allow their moods to affect their decisions   Find reasons to change their affect   Let heurstics affect their decisions

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Solution

The affect heuristic is a mental shortcut used in decision making, where people let their likes and dislikes determine their beliefs about the world. This means that our emotions (affect) influence our decisions and judgments. For example, if we like something, we are more likely to perceive the benefits as high and the risks as low. Conversely, if we dislike something, we tend to perceive the risks as high and the benefits as low. So, the correct answer is: Let their likes and dislikes determine their beliefs about the world.

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