Question: Please read the article: Before you make that big decision Kahneman et al , ( Kahneman is a Nobel Prize winner ) . The goal
Please read the article: "Before you make that big decision" Kahneman et alKahneman is a Nobel Prize winner The goal of this discussion is to understand the article and learn how to benefit from it
Do the authors think that we can overcome our own biases when we make decisions? What reasons do they provide for their position?
List the top implications of this article for decision making if we assume that the authors are correct? Do you agree with the authors position? Why or why not?
The article discusses some important concepts in decision making: System thinking; System thinking; Selfinterested bias; Affect heuristic; Saliency bias; Confirmation bias; Availability bias; Anchoring bias; Sunk cost fallacy; Overconfidence bias; Competitor neglect; Disaster neglect or Loss Aversion.
a Chose one of the above. In a couple of sentences clearly define it and then provide a personalhypothetical example explaining it
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