Judgment Adjustment

Judgment adjustment is the process by which people revise evaluations, estimates, or decisions after receiving new information, feedback, or contextual cues. In psychology, adjustment occurs when individuals compare an initial judgment with updated evidence and modify it, although anchoring, confidence, memory, and motivational biases can limit the extent of change. Studying this process helps researchers explain how people respond to contradictory evidence, social influence, and changing circumstances. It also informs research on decision-making, risk assessment, eyewitness testimony, clinical reasoning, and interventions designed to improve flexibility, accuracy, and resistance to persistent cognitive bias.

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Using fMRI to Dissect Moral Judgment

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2023

Source: William Brady & Jay Van Bavel—New York University In examining the roles of reason and emotion in moral judgments, psychologists and philosophers alike point to the trolley dilemma and the footbridge dilemma. With the trolley dilemma, most people say that it is appropriate to pull a switch to stop a train from hitting five people by diverting it to kill one person. However, with the footbridge dilemma, most people say it is inappropriate to push a large man off of a bridge in order...

Evaluating the Accuracy of Snap Judgments

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2023

Source: Diego Reinero & Jay Van Bavel—New York University Social psychologists have long been interested in the way people form impressions of others. Much of this work has focused on the errors people make in judging others, such as the exaggerated influence of central traits (such as "warm" and "cold"), the insufficient weight given to the context in which others' behavior takes place, and the tendency for people to make judgments that conform to their initial expectations about another.

The Anchoring-and-Adjustment Heuristic

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2020

In order to make good decisions, we use our knowledge and our reasoning. Often, this knowledge and reasoning is sound and solid. However, sometimes, we are swayed by biases or by others manipulating a situation. For example, let’s say you and three friends wanted to rent a house and had a combined target budget of $1,600. The realtor shows you only very run-down houses for $1,600 and then shows you a very nice house for $2,000. Might you ask each person to pay more in rent to get the $2,000...

Adjusting a Traverse

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2025

In the site survey of a four-sided traverse, internal angles are essential to ensure geometric accuracy. The survey revealed that the sum of the measured internal angles was 359 degrees and 48 minutes, which is 12 minutes less than the expected 360 degrees. This discrepancy signals an error likely arising from measurement inaccuracies during the fieldwork.To rectify this error, the adjustment process involved distributing the 12-minute shortfall equally across the four internal angles. By...

Adjusting Entries

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2025

In accounting, a business's economic activities are segmented into designated time intervals, typically monthly, quarterly, or annually, known as accounting periods. This segmentation facilitates consistent tracking, summarization, and reporting of financial data, enabling stakeholders to accurately evaluate a company's performance and financial position. Companies must incorporate adjusting entries at the close of each period to ensure that financial reports conform to the accrual basis of...

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