Blog 1 – how people take decisions

Read this text about Decision Making Heuristics (http://www.studentpulse.com/articles/180/3/decision-making-factors-that-influence-decision-making-heuristics-used-and-decision-outcomes#) and answer the following questions:

QUESTION 1
What are heuristics? Choose three named in the text and give an example of a decision that you have taken using each of these techniques.

QUESTION 2
According to the text what makes people regret the decisions they have taken. Consider an important decision you have taken in your life. Explain HOW you took this decision – what process you followed. Looking back what makes you feel good/bad about this decision?

About these ads

About bcnecon

Micro; Macro; Global; + Management
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s