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What is a Good Decision?
What constitutes a good decision?
-Should have a concept
bearing a diversity of meanings
-The
person involved should have some sense of pros and cons of the decision in question, alternate options, and the ramifications of not choosing.
-It is helpful if the person has some degree of self-knowledge, allowing
him/her to know the level of risk with which he/she is comfortable
An Anecdote about a Decision
A group of friends who went deer hunting separated
into pairs for the day. That night, one hunter returned alone, staggering under a hugh buck.
"Where's Harry?", asked another
hunter.
"He fainted a couple miles up the trail," Harry's partner answered.
"You left him lying there alone and carried
the deer back?"
"It was a tough decision," said the hunter. "But I figured no one is going to steal Harry."
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What a choice!!!
"Which one should I pick?". This one seems to be a tough
question for this cat. Nevertheless, there's nothing left to do but to DECIDE WHICH IS WHICH and WHICH IS NOT.
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What is Decision Making?
Decision Making is an act of making a choice among alternative.
Decision making can be regarded as an outcome
of mental processes (cognitive process) leading to the selection of a course of action among several
alternatives. Every decision making process produces a final choice. The output can be an action or an opinion.
Human performance in decision making terms has been subject
of active research from several perspectives. From a psychological perspective, it is necessary to examine individual decisions
in the context of a set of needs, preferences an individual has and values he/she seeks. From a cognitive perspective, the
decision making process must be regarded as a continuous process integrated in the interaction with the environment. From
a normative perspective, the analysis of individual decisions is concerned with the logic of decision making and rationality
and the invariant choice it leads to.
Yet, at another level, it might be regarded as a problem solving
activity which is terminated when a satisfactory solution is found. Therefore, decision making is a reasoning or emotional
process which can be rational or irrational, can be based on explicit assumptions or tacit assumptions.
Decision making is said to have an intentional component. This
means that although we can never "see" a decision, we can infer from observable behaviour
that a decision has been made to act in a particular way. Therefore, we conclude that a psychological event that we call "decision
making" has occurred. It is a construction that imputes commitment to action. That is, based on observable actions, we assume
that people have made a commitment to affect the particular action.
Logical decision making is an important part of all science-based
professions, where specialists apply their knowledge in a given area to making informed decisions. For example, medical
decision making often involves making a diagnosis and selecting an appropriate treatment. Some research using naturalistic methods shows, however, that in situations with higher time pressure,
higher stakes, or increased ambiguities, experts use intuitive decision making rather than structured approaches, following
a recognition primed decision approach to fit a set of indicators into the expert's experience
and immediately arrive at a satisfactory course of action without weighing alternatives. Also, recent robust decision efforts have formally integrated uncertainty into the decision making process.
What is Problem and Problem Solving?
Problem is an obstacle on the path towards your goal.
It refers to a situation, condition, or issue that is yet unresolved. In a broad sense, a problem exists when an individual
becomes aware of a significant difference between what actually is and what is desired.
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