intuition
(noun)
Immediate cognition without the use of conscious rational processes.
Examples of intuition in the following topics:
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Continuity
- A continuous function is a function for which, intuitively, "small" changes in the input result in "small" changes in the output.
- A continuous function is a function for which, intuitively, "small" changes in the input result in "small" changes in the output.
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Time Pressure as a Barrier to Decision Making
- Time pressure forces decision makers to shift from logical processes (ideal) to intuitive processes (sub-ideal).
- Severe time constraints can make decision processes and individual judgment less objective and more influenced by intuition as more formal and rigorous approaches are ignored.
- Time pressure often forces decision makers to look for intuitive shortcuts rather than logically processing all of the required data.
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Limits and Continuity
- A study of limits and continuity in multivariable calculus yields counter-intuitive results not demonstrated by single-variable functions.
- A study of limits and continuity in multivariable calculus yields many counter-intuitive results not demonstrated by single-variable functions .
- However, continuity in multivariable functions yields many counter-intuitive results.
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Logic
- Instinct, intuition, abduction, deduction, induction and authority are examples of sources of knowledge.
- Instinct, intuition and introspection were once of great importance, but are not often seen as credible as "science" when seeking justifications for "knowledge" in Western, industrial societies.
- Research in the cognitive sciences and behavioral economics has recently been investigating intuition as a means of decision- making.
- Daniel Kahneman (a psychologist) received the Nobel in economics for work in cognitive processes and intuition in economic decisions.
- The differences are that abduction is less formal process that consists of a combination of intuition, experience, observation, deductive reasoning and generates hypotheses which could be wrong.
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Approaches to network positions and social roles
- In an intuitive way, we would say that two actors have the same "position" or "role" to the extent that their pattern of relationships with other actors is the same.
- But, there are a couple things about this intuitive definition that are troublesome.
- The second problem with our intuitive definition of a "role" or "position" is this: assuming that I have a set of actors and a set of relations that make sense for studying a particular question, what do I mean that actors who share the same position are similar in their pattern of relationships or ties?
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Problem-Solving
- The way we solve problems can be influenced by algorithms, heuristics, intuition, insight, confirmation bias, and functional fixedness.
- These spontaneous decisions are often associated with functional fixedness, confirmation bias, insight and intuition phenomenology, heuristics, and algorithms.
- Intuition phenomenology differs from insight phenomenology in that intuition, or the gut feeling one gets, is largely influenced by past knowledge and experience, whereas insight arises suddenly for a given context or problem which is not based on previous knowledge or experience.
- Some of these mental processes include functional fixedness, confirmation bias, insight and intuition phenomenology, heuristics, and algorithms.
- Examine how algorithms, heuristics, intuition, insight, confirmation bias, and functional fixedness can influence judgment and decision making.
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Introduction to Influence and Negotiation
- The Milgram experiment is particularly interesting, where individuals tended to listen to authority even against extremely strong intuitions and sometimes even ethics.
- The more intuitive examples influence, such as through being liked/holding the affection of individuals one is influencing, holding a positive reputation in a community, and being consistent and dependable.
- A less intuitive example is by influencing through scarcity, which is the way in which limited availability dramatically influences buying behaviors.
- The experiment showed individuals tended to listen to authority even against extremely strong intuitions and sometimes even ethics.
- In this experiment, people would be influenced to act unethically by authority despite their intuition not to.
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Expected Values of Discrete Random Variables
- The expected value may be intuitively understood by the law of large numbers: the expected value, when it exists, is almost surely the limit of the sample mean as sample size grows to infinity.
- This is intuitive: the expected value of a random variable is the average of all values it can take; thus the expected value is what one expects to happen on average.
- The intuition, however, remains the same: the expected value of $X$ is what one expects to happen on average.
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Intellectual Skills of Successful Managers
- Conceptual skills revolve around generating ideas through creative intuitions and a comprehensive understanding of a given context.
- Conceptual skills primarily revolve around generating ideas, utilizing a combination of creative intuitions and a comprehensive understanding of a given context (i.e., incumbent's industry, organizational mission and objectives, competitive dynamics, etc.).
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Concavity and the Second Derivative Test
- which means that $f'(x+h) < 0$ if $h < 0$ (intuitively, $f$ is decreasing as it approaches $x$ from the left), and that $f'(x+h) > 0$ if $h > 0$ (intuitively, $f$ is increasing as we go right from $x$).