Defeating Decision-Making Villains - Deepstash
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Defeating Decision-Making Villains

  • Counter narrow framing by widening your options. Expand your set of choices.
  • Confirmation bias leads you to gather self-serving information. Analyze and test your assumptions to overcome the bias.
  • Short-term emotion will tempt you to make the wrong choice. So distance yourself before deciding.
  • Prepare to be wrong. Don't be overconfident about how the future will unfold.

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Not Making Good Decisions

We are exposed to biases that influence our ability to make good decisions.

  • We are quick to jump to conclusions because we fail to search for information that might disprove our thoughts.
  • We're overconfident. We look for information that fits our ideas and ignore information that ...

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The Four Villains of Decision Making

The Four Villains of Decision Making

  • Narrow framing: The tendency to define our choices in binary terms. We ask, "should I, or shouldn't I?" instead of “What are the ways I could...?”
  • Confirmation bias: People tend to select the information that supports their preexi...

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antoniov

"Try not to be a man of success, but a man of value." - Albert Einstein

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The Four Villains Of Decision Making

The Four Villains Of Decision Making

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 Four Villains of Decision Making

The Four Villains of Decision Making

  • Narrow framing: The tendency to define our choices in binary terms. We ask, "should I, or shouldn't I?" instead of “What are the ways I could...?”
  • Confirmation bias: People tend to select the information that supports their preexi...

The WRAP Model for Better Decision Making

It describes the process that “wraps” around your usual way of making decisions, helping to protect you from some of the villains and biases related to decision making:

  • Widen your options.
  • Reality-test your assumptions.
  • A

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