Decision-making rules

... for future big decisions:

1. Identify the decision/problem. Be as clear as possible.
2. Collect information that will assist in your decision-making.
3. Consider various solutions.
4. Weigh the evidence for each potential solution.
5. Make your decision.
6. Ta...

When we make bad decisions is usually because of these 4:

• Narrow framing: the tendency to define our choices too narrowly, to see them in binary terms.
• Confirmation bias: we are more likely to select the information that supports our preexistin...

The Regret Minimization Framework can be a great help with the big decisions, which should warrant one’s time and attention, instead of sweating on trivial stuff.

One has to make crucial decisions in life, and this method removes emotion from the equation. It also helps t...