Counterfactual reasoning

The comparison of imaginary or potential but uncrystallized outcomes as a tool in decision-making and the assessment of claims.

(see also: belief and bias, decision-making under uncertainty, metacognitive shortfall, decision analysis, judgement, decision, heuristics (judgemental), attitude, statistical decision-making, Decisions – some questions probing ethical dimensions of)

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Glossary of selected Judgement & Decision-making, Belief-related, and other Psychology terms A-Z »