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  2. Decision-making - Wikipedia

    en.wikipedia.org/wiki/Decision-making

    In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either rational or irrational. The decision-making process is a reasoning process based on assumptions of ...

  3. Decisional balance sheet - Wikipedia

    en.wikipedia.org/wiki/Decisional_balance_sheet

    Decisional balance sheet. A decisional balance sheet or decision balance sheet is a tabular method for representing the pros and cons of different choices and for helping someone decide what to do in a certain circumstance. It is often used in working with ambivalence in people who are engaged in behaviours that are harmful to their health (for ...

  4. Transtheoretical model - Wikipedia

    en.wikipedia.org/wiki/Transtheoretical_model

    The pros surpass the cons in the middle stages. The pros outweigh the cons in the Action stage. [27] The evaluation of pros and cons is part of the formation of decisional balance. During the change process, individuals gradually increase the pros and decrease the cons forming a more positive balance towards the target behaviour.

  5. Rational choice theory - Wikipedia

    en.wikipedia.org/wiki/Rational_choice_theory

    By making calculative decisions, it is considered as rational action. Individuals are often making calculative decisions in social situations by weighing out the pros and cons of an action taken towards a person. The decision to act on a rational decision is also dependent on the unforeseen benefits of the friendship.

  6. Buying a new home in retirement: Pros, cons and weighing your ...

    www.aol.com/finance/buying-home-in-retirement...

    Buying a home will inevitably affect your retirement years. Weigh these key factors to get a sense of what to look for in a new house or condo. 1. Lifestyle. Perhaps the most important factor to ...

  7. The pros and cons of Medicare Advantage: Should you ... - AOL

    www.aol.com/finance/medicare-advantage-pros-cons...

    Here are a few reasons you might find MA appealing: Your one plan can replace multiple plans. Average premiums are as low as $18.50 a month. There's a limit on your annual out-of-pocket costs ...

  8. Cost–benefit analysis - Wikipedia

    en.wikipedia.org/wiki/Cost–benefit_analysis

    Cost–benefit analysis is often used by organizations to appraise the desirability of a given policy. It is an analysis of the expected balance of benefits and costs, including an account of any alternatives and the status quo. CBA helps predict whether the benefits of a policy outweigh its costs (and by how much), relative to other alternatives.

  9. Pros and cons of a balance transfer - AOL

    www.aol.com/finance/pros-cons-balance-transfer...

    Key takeaways. A balance transfer credit card can help you pay off your debt faster and save money on interest, but it may not be the right move for everyone. Balance transfer credit cards offer ...