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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.

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3 Research-Backed Techniques for Making Better Decisions

3 Research-Backed Techniques for Making Better Decisions

https://www.themuse.com/advice/3-researchbacked-techniques-for-making-better-decisions

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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.

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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.

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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.

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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 endAsk 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.

Create imaginative alternatives

Your decision can be no better than your best alternative.

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Default choices

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Designing your life

Design your life like a choice architect:

  • Encourage smarter decisions you want to do by making them more accessible.
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Richard Thaler
Richard Thaler

“First, never underestimate the power of inertia. Second, that power can be harnessed.” 

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