Question
Have you ever heard of the psychological traps associated with decision making? Here is an interesting article about irrational fears and how it impacts how
Have you ever heard of the psychological traps associated with decision making? Here is an interesting article about irrational fears and how it impacts how we respond to things: http://www.parade.com/news/2009/10/18-what-should-you-worry-about.htmlLinks to an external site. Which trap would the fear of shark attacks fall into? How can these fears limit effective decision making? Also- - I ran across the attached document. While it is focused on financial decisions, it provides an overview of a lot of the traps , yet explains them a bit differently. I think it will help you better understand each of the traps a bit better. Take a look. Pitfalls+to+Avoid.pdf Download Pitfalls+to+Avoid.pdf
After you have reviewed this material consider these questions
1) As you reflect upon some critical decisions you have made, which of these psychological traps were you guilty of succumbing to?
2) How did this affect your decision in hindsight?
3) How would you revise this decision? Why?
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