Ifyou ask people to offer
adjectives that they associate with good decision makers, words like “intelligent”
and “smart” are generally
at the top of the list.
Yet,
history contains plenty
of examples of smart
people who made
poor decisions as the
result of...
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Ifyou ask people to offer
adjectives that they associate with good decision makers, words like “intelligent”
and “smart” are generally
at the top of the list.
Yet,
history contains plenty
of examples of smart
people who made
poor decisions as the
result of cognitive
mistakes.
These
mistakes can have
h o r r i f i c c o n s e quences, from the space
shuttle Columbia disaster to
the scores of bank failures
across the United States since
the start of the 2007 recession.
But faulty decision making is
also avoidable.
Every day, research
is offering new insights into the decision-making process.
A science of
choice is emerging, and the good
news is that everyone, from students
to stockbrokers, can learn how to
make better decisions.
Smart people make poor decisions
because the mental software that we
humans inherited from our ancestors isn’t designed to cope with the
complexity of modern day problems
SmartPeople,
Chances are you’re unaware of the limits
to your abilities, unappreciativ
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