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Judgement and Decision Making

   

Added on  2020-03-02

6 Pages1009 Words42 Views
Running head: JUDGMENT AND DECISION MAKINGJUDGMENT AND DECISION MAKINGName of the student:Name of the University:Author Note:
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JUDGMENT AND DECISION MAKING 1ContentsSection 5.12Section: 6.33References:5
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JUDGMENT AND DECISION MAKING 2Section 5.1Reading analysis: In the reading, it has been evident that people think that they support their decision withrationales but at times there might not be such situations that would not support any rationale onthinking. It is for the same reason, understanding the cognitive behaviour of the people becomesmore important in order to understand the perception of the people. This leads to focus on thepsychological aspect and thinking of the people in order to be consistent on something. Theremight arise many judgemental biases among the respondents (Holcombe et al., 2014). In thisrespect, it has to be understood that there are many factors that can be behind the particulardecision making. At many times, there might occur judgemental biases but the most suitabledecision need to be selected that would bring the best outcome of the decision. At many times, itmight take place that judgement and the decision making does not work side by side and therespondents have to suffer (Cornish & Clarke, 2014). In order to overcome these situations, it isimportant to take certain strategies that would help to overcome the issues and problems faced bya person. Focusing on the errors and overcoming the challenges is the main criteria to support therationale of the particular topic. Experience: If an experience has to be shared here, I wanted to recall that the incident that once I wasasked by one of my friends to keep an important document safe with me and not to disclose thesame to anyone. He in fact asked me not to look into the document; but out of curiosity I lookedinto the report and I saw that it was an agreement deal that stated that his father had to pay agood amount of money as a repayment of loan. I understood that my friend is in a big problem
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