Status: Tags: Links: Decision-Making
Decision-Making Tools
Principles
- Reliable and consistent
- Reteachable and usable for other people
- Provides data on your effectiveness of using the tool
- Gut decisions are bad because we aren’t able to examine the decision making process
- Pros and cons lists are not always effective/reliable, and promotes bias
- Reduce overconfidence, hindsight bias, and confirmation bias
- An ideal tool should be like a crystal ball
- Entails knowing about all the options and the outcomes
Tools
- Record all the information we had during different parts of decision making
- Decision Trees
- Happiness Test
References: