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Business
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3 / 781 |
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There is a sense of ownership or tie to a process, therefore the decision maker continues even erroneously to expend more resources to
Relative decision making
People make decisions using a host of reasoning processes. According to Anderson “we use unconscious routines, called heuristics, to cope with the complexity inherent in decision-making...
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(Plous, p. 217) Being overconfident doesn’t seem to give a decision-maker the opportunity to deliberate alternatives. It seems to hedge the decision-maker into a false security. To me it seems that overconfidence is a state where there is an absence of a question or the choice to ignore question.
The difficulty in “positive test strategy†is that it leads the decision maker to look for the proof of a rule or question...
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