Availability Heuristic
A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.
362 topics found for
“decision-making”
Choice Architecture
The practice of organizing the context in which people make decisions to influence the outcomes, often used to nudge users towards certain behaviors.
Cold States
Emotional states where individuals are calm and rational, often contrasted with hot states where emotions run high.
Heuristic
A rule-of-thumb or shortcut that simplifies decision-making and problem-solving processes.
DACI Framework
Drivers, Approvers, Contributors, and Informed (DACI) is a responsibility assignment framework that clarifies roles and responsibilities.
Business Acumen
The ability to understand and deal with various business situations, making sound decisions to ensure successful outcomes.
Decision Theory
The study of how individuals make choices among alternatives and the principles that guide these choices.
Regret Aversion
A tendency to avoid making decisions that might lead to regret, influencing risk-taking and decision-making behaviors.
Opportunity Cost Neglect
A cognitive bias where individuals overlook or underestimate the cost of opportunities they forego when making decisions.