Avoiding Faulty Decision-Making

About Course
Study this short course to learn about the factors that can negatively affect our decision-making. After decades of study, researchers Daniel Kahnemann and Amos Tversky found that in decision-making, individuals are influenced by overconfidence bias, hindsight bias, anchoring bias, framing bias, and escalation of commitment. Awareness of these decision-making traps can help us avoid them.
Course Content
Study Decision-Making Traps
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Avoiding Decision-Making Traps
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Overconfidence bias
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Hindsight bias
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Anchoring
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Framing bias
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Escalation of commitment
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Key Takeaway
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