The Four Villains of Decision Making
Knowing these and other biases is not enough. We need a framework for making decisions.
SIMILAR ARTICLES & IDEAS:
Mathematics dictates that you should take 37% of the time or options you have to simply look and after that, you should commit to the first option that is better than everything you’ve ...
The 2 systems of the brain that wok during decision making:
At times, these systems are at odds with each other, but research shows it's always best to trust an algorithm than your own gut.
There are a few biases they don't address:
Think outside yourself a little and pretend like you're offering advice.
The reasoning here is really simple: your short-term emotions get in the way of decisions, and that clouds yo...
We usually believe that the more information you have, the better decisions we can make. However, at some point, we cross a threshold where we have too much information. That's when we start to fill in gaps and add weight to information that doesn't matter.
This makes decision making way more difficult.
You're so prone to continue making the same kind of choices throughout your life that challenging yourself and doing the exact opposite is often the best way to get around this problem.
The idea here is to confront your default behavior, step outside your comfort zone, and use your imagination to test some completely new ideas.