Avoiding Faulty Decision-Making

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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.

What Will You Learn?

  • Understand overconfidence bias and how to avoid it.
  • Understand hindsight bias and how to avoid it.
  • Understand anchoring and how to avoid it.
  • Understand framing bias and how to avoid it.
  • Understand escalation of commitment and how to avoid it.

Course Content

Study Decision-Making Traps

  • Avoiding Decision-Making Traps
    00:00
  • Overconfidence bias
    00:00
  • Hindsight bias 
    00:00
  • Anchoring
    00:00
  • Framing bias 
    00:00
  • Escalation of commitment 
    00:00
  • Key Takeaway
    00:00

Assessment and Certification