The Decision Making Guide: How To Make Smart Decisions And Avoid Making Bad Ones
What is decision making?
Let’s define decision making. Decision making is the act or process of making decisions. Although we can make rational decisions at times, there are times that we make emotional or uninformed choices that can be difficult to understand. This page covers why we make bad choices and discusses helpful frameworks for expanding your decision-making tools.
What are the reasons we make poor decisions
I tend to imagine myself as an intelligent person However, I’m far from one. It’s not just me or you. We’re all crazy. For a long time, scientists and economists believed that humans made logical, well-considered choices. Researchers have discovered a range of mental errors that could impede our ability to think clearly over the last few decades. The articles below outline where we often go wrong and the best way to correct it. If you would like additional resources about decision making, browse around this site.
5 Common Mental Errors That Sway You From Making Good decisions
Let’s look at the most frequent mental mistakes we make in our lives and then break them down into easy-to-understand terms. This article will explain the way that survivorship bias, loss-aversion and the availability heuristic anchoring, and confirmation bias sway you from making good decisions.
How to spot a common mental error that can lead to misguided thinking
Hundreds of psychology studies have shown that we tend to underestimate the significance of events we are able to recall easily and underestimate the importance of those events that are difficult for us to recalling. Psychologists refer to this little brain error as an “illusory correlation.” In this article, we’ll speak about a simple strategy you can use to spot your hidden assumptions and prevent yourself from creating an illusionary connection.
Two Harvard Professors Identify One Reason Our Brains Love to procrastinate
Our tendency is to get caught up in our current selves, and not think on the future. If you’re looking to overcome procrastination and make better long-term decisions, you must to figure out how to get your present self to behave in the best interests of the future. This article offers three simple methods for doing this.
Making decisions does not have to be a stressful process. If you are faced with major decisions the most important factor is to think about the effect of the decision on those involved. While most bad choices can be reversed, it’s harder to reverse them if the decision has an impact on more people. Before making a choice be aware of how the decision affects your life in turn, other people’s lives, and respond to it in the best way you can.
