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Decision fatigue is a phrase popularised by John Tierney, and is the tendency for peoples’ decision making to become impaired as a result of having recently taken multiple decisions. [ 5 ] Decision fatigue has been hypothesised to be a symptom, or a result of ego depletion . [ 6 ]
Decision-making process is extremely difficult [citation needed] Difficulty functioning independently or making decisions without support from others [6] [16] Over-analysis of situations [16] Dysfunctional post-decision behaviour, e.g. worry, re-assessing of decisions [8] [16] Obsessing over inability to make decisions [15]
Hard–easy effect, the tendency to overestimate one's ability to accomplish hard tasks, and underestimate one's ability to accomplish easy tasks. [ 5 ] [ 80 ] [ 81 ] [ 82 ] Illusion of explanatory depth , the tendency to believe that one understands a topic much better than one actually does.
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.
Having more choices, such as a vast amount of goods and services available, appears to be appealing initially, but too many choices can make decisions more difficult. According to Miller (1956), a consumer can only process seven items at a time. After that the consumer would have to create a coping strategy to make an informed decision. [8]
Improving speed: While making a good decision is important, making a quick decision is also important. Therefore, emotions and associated somatic conditions can offer mechanisms for encouraging a decision maker to decide quickly, especially when one or more options are potentially dangerous. Hunger, anger and fear can all induce a speedy decision.
Bounded rationality can have significant effects on political decision-making, voter behavior, and policy outcomes. A prominent example of this is heuristic-based voting. According to the theory of bounded rationality, individuals have limited time, information, and cognitive resources to make decisions.
Prosenotes gave it a "C" (72%) based on critic reviews with a consensus saying, "On the whole it is an important, readable, and interesting book about judgment and decision making, but even some of the author's diehard fans found small portions of this book hard to work through". [30]