Critical Thinking
The objective analysis and evaluation of an issue in order to form a judgment.
362 topics found for
“decision-making”
Weighted Scoring
A prioritization method that assigns different weights to criteria based on their importance, helping to make informed decisions and prioritize tasks effectively.
Affect Heuristic
A mental shortcut where current emotions influence decisions, often bypassing logic and reasoning.
McNamara Fallacy
The error of making decisions based solely on quantitative observations and ignoring all other factors.
Groupshift
A phenomenon where group members make decisions that are more extreme than the initial inclination of its members due to group discussions and interactions.
Bounded Rationality
A concept that humans make decisions within the limits of their knowledge, cognitive capacity, and available time, leading to satisficing rather than optimal solutions.
Delphi Method
A structured communication technique originally developed as a systematic, interactive forecasting method which relies on a panel of experts.
Fast and Frugal Heuristics
Decision-making strategies that use simple heuristics to make quick, efficient, and satisfactory choices with limited information.
Choice Paralysis
A situation in which an individual is unable to make a decision due to the overwhelming number of options available.