By Max H. Bazerman, Harvard University. Humans are not perfect decision makers. Not only are …
By Max H. Bazerman, Harvard University. Humans are not perfect decision makers. Not only are we not perfect, but we depart from perfection or rationality in systematic and predictable ways. The understanding of these systematic and predictable departures is core to the field of judgment and decision making. By understanding these limitations, we can also identify strategies for making better and more effective decisions.
How do we make decisions about the situations we experience every day? …
How do we make decisions about the situations we experience every day? In this session, we'll use brain teasers and word problems to highlight some of the mechanisms that drive human thinking — e.g. functional fixedness, heuristics, and framing. The lecture also touches briefly on the role of the brain's frontal lobes in problem solving and emotions.
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