How to make good decisions according to the New Scientist from May 2007
- A bad decision won’t be as bad as you think and a good, as good as you think.
- Often a gut reaction is better than a considered reaction.
- All emotions apart from sadness impair decision-making.
- Explore the possibility that you might be wrong.
- Don’t be distracted by irrelevancies.
- Don’t fall for the sunk cost fallacy.
- Try reframing the question.
- Beware social pressure.
- Limit your choices; too much choice leads to paralysis and inaction.
- Let someone else choose.
Keywords: decision-making, New Scientist
