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Fish or cut bait is a colloquial expression, dating back to the 19th-century United States, that refers to division of complementary tasks. It has multiple uses that have evolved over time, but all generally convey that an important decision must be made, often immediately, and failing to make a choice is to make oneself a useless obstruction.
Sample flowchart representing a decision process when confronted with a lamp that fails to light. 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.
Compatibilism is the belief that free will and determinism are mutually compatible and that it is possible to believe in both without being logically inconsistent. [1] As Steven Weinberg puts it: "I would say that free will is nothing but our conscious experience of deciding what to do, which I know I am experiencing as I write this review, and this experience is not invalidated by the ...
The decision-maker must rely on a combination of experience, intuition, and available data to make informed choices under pressure. Prioritizing critical elements, assessing potential outcomes, and considering the immediate and long-term consequences are crucial aspects of effective time-critical decision-making.
The executive chairman role should be time limited. In my case I concluded that two people cannot occupy the same space and make the same decisions.” ...
After experiencing a bad outcome with a decision problem, the tendency to avoid the choice previously made when faced with the same decision problem again, even though the choice was optimal. Also known as "once bitten, twice shy" or "hot stove effect". [105] Mere exposure effect or familiarity principle (in social psychology)
Emotional choice theory posits that individual-level decision-making is shaped in significant ways by the interplay between people’s norms, emotions, and identities. While norms and identities are important long-term factors in the decision process, emotions function as short-term, essential motivators for change.
This principle, applied to decision making, suggests that making a decision in a problem should not be affected by how the problem is described. For example, varied descriptions of the same decision problem should not give rise to different decisions, due to the extensionality principle.