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Risk-taking: knowing the consequences of our choices might make us irrational
In many everyday situations, decision-making comes with feedback on the consequences of one's choices, linked to their ...
To make informed, and presumedly the best, decisions, we must free ourselves from the hidden constraints on our capacity to think and analyze.
The importance of recognizing what's rational and what's not If someone was as rational as could be—with sound decisions and many accurate and trustworthy judgments about the world—would we recognize ...
Key points If someone made perfectly accurate judgments and sound decisions, would we recognize it? The science and philosophy of judgment and decision-making suggests that the answer is often “no.” ...
Throughout their everyday lives, humans are typically required to make a wide range of decisions, which can impact their well-being, health, social connections, and finances. Understanding the human ...
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