Article: Mental Simulations and Other Ways to Make Better Decisions
Mental simulations are effective for helping people get past the beginner stage and build a rich knowledge-base to draw on for future decisions.
Ergebnisse für Decision Making
Book Review: The Paradox of Choice by Barry Schwartz
Choice is good, therefore, more choice is better. Not so, says psychologist Barry Schwartz. When faced with an abundance of choice, for example, when deciding on a cellular phone plan, choosing the best alternative becomes difficult and daunting. There is an “opportunity cost” associated with choosing any one alternative, namely, the fact that we must forgo the benefits of all the others.
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