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Decision Making

decision-making

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In attributing and judging behaviour we consider whether it is: Externally or internally forced behaviour. This is shaped by 3 factors:

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An optimal decision is one that a decision maker would regard as the right choice regardless of whether she was evaluating her own decision or someone else’s. Who said this?

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Who came up with what?

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Stanovich and West (2000) and Kahnman (2011) thinking fast and slow
Simon (1956)
Hodgkinson (2008)
Tversky and Kahneman (1981)
Robbins and Judge (2015)

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Intuition is one of the msot powerful natural human abilities that we can have
Asian Disease Problem
Methods to prevent poor decision making
Satisficing
System 1 and system 2 thinking

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Decision making shortcuts

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Confirmation thinking

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Anchoring

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methods to eliminate bias

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