Learn more about psychology with this collection
Understanding the importance of decision-making
Identifying biases that affect decision-making
Analyzing the potential outcomes of a decision
Much of this decision-making is difficult. Weighing options is especially hard due to certain biases that can lead you astray.
These biases can include over-or underestimating the likelihood of something happening to you based on whether your friends have experienced something similar or how much you see it covered in the media. Another reason why decision-making is hard is the propensity to overweigh the instant gratification or the instant pain of a decision over the long-term consequences.
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Emotions get a bad rap for negatively influencing decision-making. However, it’s impossible to divorce emotions from logic. The key is to understand how emotions are impacting your choices.
Understanding that, for example, anger makes us take more risks can help crysta...
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While it’s worth taking time to settle larger decisions, don’t expend too much time and energy on the small stuff.
And don’t stress about the quality of your decision-making on these small choices either. Although the term decision fatigue — i.e., the more...
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In some instances, making a decision before you’re actually in a specific scenario can help you avoid being swayed by outside forces, or ending up overwhelmed by the number of choices available. Going to the grocery store armed with a list can help you get everything you need...
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Don’t make a major decision in a vacuum. Get a handful of opinions — ideally from people with prior experience in the topic at hand.
The more expertise they have, the less likely they are to base their evaluations on a bias.
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Don’t think of decisions just as protective measures meant to prevent you from making your life worse. You can make choices that make a good situation even better.
“What decision can I make to make my life more interesting in the future?” If you think of some alternatives and you pursu...
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What you really want is not that simple. It’s based on very complex and very subtle beliefs, memories.
These lists can still be useful tools. When you force yourself to spell out the good and the bad in each choice, you have to slow down and think about your priorities and values
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Without clear objectives for what you want to achieve with a decision, you might focus on the wrong things.
Ask yourself, “What do I hope to achieve by addressing this choice?” and focus on aspects that aren’t easily quantifiable. This can be applied to both big an...
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CURATED FROM
CURATED BY
How to be a better decision maker: What to do if you regularly wish you could hire someone to make all your choices for you.
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Related Collection
MORE LIKE THIS
By methodically assessing your options against a comprehensive set of objectives, it is possible that one option will emerge as the obvious decision to take. In many instances, though, more work will be needed.
One can consider each of your options separately, listing the ...
Delayed gratification works because the benefits compound. We go through the pain of doing something with the understanding that over the long run, they will produce far more value than we put into them.
So why is delayed gratification so hard to practice? Because it's hard to do. We need ...
Self-control is basically restraining yourself from doing something that may feel good in the short run, but may not be in your best interests in the long run. This includes not gorging on cookies if you are trying to manage your weight, or even sticking to your exercise plan.
As almost al...
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