deepstash
Beta
3 Research-Backed Techniques for Making Better Decisions
Take things one at a time
Next time you’re faced with a problem with many possible answers, pinpoint your end goals and then come up with a solution for each.
This is likely to lead to the generation of a diverse set of options covering multiple categories of solutions.
284 SAVES
This is a professional note extracted from an online article.
Read more efficiently
Save what inspires you
Remember anything
IDEA EXTRACTED FROM:
3
Key Ideas
Do some math
You make one decision, wait, make a second decision, and then make a compromise between the two.
Averaging the two judgments tends to outperform trying to identify the better of the two, because answers based on different pools of evidence often bracket with the truth, and because people are imperfect at guessing which answer is better
Pair a good decision with a bad one
If you only allow yourself your vice while you’re simultaneously being virtuous, you’ll spend more time doing things that are good for you and less time doing the “bad” things.
The researchers call this “pre-bundling” and say it allows people to couple instantly gratifying activities (such as watching trashy TV) with a behavior that’s beneficial in the long term but requires willpower (like working out).
Take things one at a time
Next time you’re faced with a problem with many possible answers, pinpoint your end goals and then come up with a solution for each.
This is likely to lead to the generation of a diverse set of options covering multiple categories of solutions.
SIMILAR ARTICLES & IDEAS:
7
Key Ideas
2,000 decisions per waking hour
Research has shown that the typical person makes about 2,000 decisions every waking hour. Most are minor ones and we make them automatically. But many have serious consequences.
That's why...
Decision fatigue
Our ability to perform mental tasks and make decisions wears thin when it’s repeatedly used.
Identify the most important decisions you need to make, and, as often as possible, prioritize your time so that you make them when your energy levels are highest.
A steady state of distraction
Our brains process five times as much information today as in 1986. Thus, many of us live in a continuous state of distraction and struggle to focus.
To counter this, find time each day to unplug and step back from email, social media and news.
4 more ideas
8
Key Ideas
Work on the right decision
The way you frame your decision at the outset can make all the difference.
State your decision problems carefully, acknowledge their complexity and avoid unwarranted assumptions ...
Specify your objectives
A decision is a means to an end. Ask yourself what you most want to accomplish and which of your interests, values, concerns, fears, and aspirations are most relevant to achieving your goal.
Decisions with multiple objectives cannot be resolved by focusing on any one objective.
5 more ideas
8
Key Ideas
Default choices
90% of your daily decisions happen automatically, many shaped by your environment. Thus, most decisions are a habit, not a deliberate choice.
To make smarter choices, design smarter...
Designing your life
Design your life like a choice architect:
- Encourage smarter decisions you want to do by making them more accessible.
- Add friction to habits you want to quit, making them less accessible, or remove the option to perform them completely.
Richard Thaler
“First, never underestimate the power of inertia. Second, that power can be harnessed.”
5 more ideas