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Quick decisions
Quick decisions are not always bad. Sometimes they even are remarkably accurate and can save time.
It would be overwhelming to comb through all the available information on a topic every time a decision must be made.
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Recognizing the rush to judgment
Misunderstanding how much information we actually use to make our judgments has important implications beyond making good or bad decisions.
An example could be our tendency to rely on stereotypes when judging other people: we may believe we'll consider information from all the ang...
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392 reads
Processing information
New information doesn't stack on top of old information until some mental threshold is reached for making a decision.
In reality, the first few pieces of information are weighted much more heavily than later information.
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500 reads
Snap judgments
We fail to anticipate how little information we (and others) use when making decisions.
The immediacy of human judgment generally surprises people: we are startled by how quickly we make judgments and how little information we use doing so.
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Snap judgments
Individuals fail to anticipate how little information they and others use when making decisions.
An the immediacy of human judgment generally surprises people: we are startled by how quickly we make judgments and how little information we use doing so.
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Information and decision making
The fact that we live in an age of information should allow us to make super-informed, data-driven decisions all the time.
But the widespread availability of information does not mean that we actually use it even if we have it: decades of research in psychology and behavio...
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CURATED FROM
You make decisions quicker and based on less information than you think
theconversation.com
6 ideas
·2.56K reads
CURATED BY
For every question, there is an answer. For every problem, there is a solution. For everything else, there is an explanation.
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We all make bad decisions
While we may not like to admit this, we all are making a lot of bad decisions, be it our personal lives, careers or in our jobs. Here is what research says about making good decisions:
- You need the right information, not more of it.
- Feelings can be utilized
Making Reversible Or Fixable Decisions Fast
You don't need to make the perfect decision all the time, and if you want to preserve your decision-making energy for the things that actually matter, then try to make decisions that are not critical (e. g. deciding what toilet paper to buy or which Airbnb to rent)
Make Better Choices
- Seek good information. Be skeptic and never just assume that what you’re being told is always true.
- Avoid common pitfalls, like making decisions without enough time or information.
- Look at previous mistakes so you learn from them.
- Check in with yo...
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