Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

2 Subjects

Week Five Discussion 1

Week Five Discussion 1

Q Decision Making Traps Describe a time when you fell into one of the decision-making traps. How did you come to realize that you had made a poor decision, or at least not an optimal decision? In writing your main response, describe which decision-making trap is involved in your example, and write a definition in your own words of what that trap consists of. Add a final reflection in your main response to address which of the traps seems the most dangerous for decision makers, and why. Your main response should be between 250 and 300 words. All posts should add insight to the conversation and be relevant to the discussion question. We recommend that you take advantage of the tutoring available when writing this assignment. Click on "Smarthinking/Online Tutoring" under NEC Resources in the Course Menu to access Smarthinking and receive valuable feedback. Post an original, research-based response to the discussion question by Thursday at 11:59 PM EST. Reply to at least two classmates' posts (150 – 250 words) by Sunday at 11:59 PM EST.

View Related Questions

Solution Preview

When it comes to decision-making, anybody can fall into decision-making traps because no one is perfect. Many times I have fallen into decision-making traps unintentionally, I have learned my lesson I have been able to understand that different biases can influence one’s decision. Overconfidence bias has affected me so many times. Our reading described overconfidence bias as a situation when individuals overestimate their ability to predict future events, and it is a bias exhibited by many people (Bauer, & Erdogan, 2021).