Judgment and Decision Making Analysis: Psychology Assignment

This homework assignment delves into the concepts of judgment and decision making from a psychological standpoint. The student analyzes reading materials, focusing on cognitive behavior, judgment biases, and the importance of rationales in decision-making processes. The assignment includes personal experiences to illustrate these concepts, such as a situation involving a friend's financial difficulties and the student's approach to helping. Furthermore, the assignment explores decision-making in professional activities, emphasizing the role of administrators, ethical approaches, and the importance of intellectual presence in critical situations. The student uses an incident at the university to highlight the significance of quick and effective decision-making in saving a classmate's life. The assignment concludes with a list of relevant references supporting the analysis.

Running head: JUDGMENT AND DECISION MAKING
JUDGMENT AND DECISION MAKING
Name of the student:
Name of the University:
Author Note:

JUDGMENT AND DECISION MAKING 1
Contents
Section 5.1 2
Section: 6.3 3
References: 5

JUDGMENT AND DECISION MAKING 2
Section 5.1
Reading analysis:
In the reading, it has been evident that people think that they support their decision with
rationales but at times there might not be such situations that would not support any rationale on
thinking. It is for the same reason, understanding the cognitive behaviour of the people becomes
more important in order to understand the perception of the people. This leads to focus on the
psychological aspect and thinking of the people in order to be consistent on something. There
might arise many judgemental biases among the respondents (Holcombe et al., 2014). In this
respect, it has to be understood that there are many factors that can be behind the particular
decision making. At many times, there might occur judgemental biases but the most suitable
decision need to be selected that would bring the best outcome of the decision. At many times, it
might take place that judgement and the decision making does not work side by side and the
respondents have to suffer (Cornish & Clarke, 2014). In order to overcome these situations, it is
important to take certain strategies that would help to overcome the issues and problems faced by
a person. Focusing on the errors and overcoming the challenges is the main criteria to support the
rationale of the particular topic.
Experience:
If an experience has to be shared here, I wanted to recall that the incident that once I was
asked by one of my friends to keep an important document safe with me and not to disclose the
same to anyone. He in fact asked me not to look into the document; but out of curiosity I looked
into the report and I saw that it was an agreement deal that stated that his father had to pay a
good amount of money as a repayment of loan. I understood that my friend is in a big problem

JUDGMENT AND DECISION MAKING 3
and we must help him to overcome the issue. This is when I thought of discussing the same with
my friend. At first he was furious because I did not obey his orders but later he shared details
with me. I also helped in the best possible way.
Section: 6.3
Reading analysis:
In carrying out major practices in the professional activities, at times it happen that one
has to do many activities related to the particular business. It depends on the intellectual level
and activities of the person to deal with the particular situation and come up with the best
solution or practices. The administrator of an organisation is mainly responsible for the overall
activities of the profession. So the administrator should posses that level of intellectual behaviour
that would support the need of the organisation. The administrator is also responsible for
overcoming any conflict that can occur at any point of time (Taylor, 2013). It has to be
understood that the administrator can never be escaped and it is in fact the sole responsibility of
the administrator to keep a look on every single matter in order to avoid any kind of conflict or
dilemma with other people. One should understand the situation and come up with the relevant
values or information that are required to deal with the situation and end up formulating the right
decision to deal with the situation. In the decision making process, considering the values and
ethical approaches are equally important. The idea is to practice good policy and come up with
particular decision that would be beneficial for all the people who are directly or indirectly
related to the particular incident (Huffman et al., 2014). In the decision making process, one has
to face with many options but coming up with the right judgemental decision is the only way to
overcome the problems.

JUDGMENT AND DECISION MAKING 4
Experience:
If this particular situation is taken into consideration, one incident reminds me of the day
when the idea of an intellectual person was required. One day, at the University, it happened that
one of our classmates suddenly became unconscious and needed immediate medical help.
However, apparently there were one to help her but it was our professor who took immediate
decision and she was taken to the nearby hospital wasting no time in between. In the decision
making approach, the administrator might have to face challenges but coming with the right
judgement and decision is what actually matters. Thus, it can be said that the intellectual
presence of the person has helped her to rescue and save her life.

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References:
Cornish, D. B., & Clarke, R. V. (Eds.). (2014). The reasoning criminal: Rational choice
perspectives on offending. Transaction Publishers.
Holcombe, T. R., Holmes, R. M., Klein, P. G., & Ireland, R. D. (2014). Motivated reasoning in
judgmental decision-making and entrepreneurial action: Toward a behavioral model.
Working Paper, Farmer School of Business, Miami University.
Huffman, J. B., Hipp, K. A., Pankake, A. M., & Moller, G. A. Y. L. E. (2014). Professional
learning communities: Leadership, purposeful decision making, and job-embedded staff
development. Journal of School Leadership, 11(5), 448-463.
Taylor, B. (2013). Professional decision making and risk in social work. Learning Matters.