PPT-1 DECISION THEORY I BIASES

and RATIONALITY Some general comments 2 3 Decision Theory Formidable foundations Probability and reasoning about the future Rational decision making Deeply rooted in the Enlightenment Major leaps in the mid20. Antoinette . Schoar, MIT and . NBER. September 18. th. , 2015. Hutchins Center Event “The Power of the Nudge”. Motivation. Recent demographic and . regulatory trends have increased . the reliance on . Chapter . 11. Negotiator Cognition. Copyright 2013 John Wiley & Sons. Common Mistakes of Negotiators. The fixed pie myth. Framing of negotiator judgment. Escalation of conflict. Overestimating your value. CH1: Selective Perception. What is selective perception. People selectively perceived what they expect and hope to see.. Cognitive factors: . prior belief . expectations. Motivational factors: . Abby . Yinger. Mathematics. Statistics. Decision Theory. Decision theory. The Decision . theory . is the theory . about decisions. The subject is not a very unified one. T. here . are many different ways to theorize about decisions, . William H. Brady, MD, MBA, MSc. Medical Director, Employee Health. Adjunct Faculty UNM, Texas A&M . HSc. , and Univ. Of Utah. Shar Haley, RN, . CRRN, CCM. , . SPHR; Manager. , Employee Health. Economics. Purpose: . Discuss techniques for managing biases in order to improve decision making. REF: . Outsmart your Own Biases, HBR 2015. Idea in Brief. The Problem. . Cognitive biases muddy our decision making. We rely too heavily on intuitive, automatic judgements, and even when we try to use reason, our logic is often lazy or flawed.. Statin Choice Decision Aid Share-Decision Making SCIP Shared Decision Making Shared Decision Making Glasziou and Haynes ACP JC 2005 Promote a process where patients and clinicians make a choice together. It has 4 phases.. 1.Action or acts.. 2.State of nature or events or outcome.. 3.Pay off and pay off table or pay off matrix.. Decision. A decision problem may be represented by tree diagram. Decision making problems deals with the selection of single act from a set of acts.. Understanding the Limits of Metacognitive Awareness on DebiasingAriella S KristalLaurie R SantosWorking Paper 21-084Working Paper 21-084rkinersren draftrmThisorkingperstributedsesommentdiscussiayeprod A father and his son are in a car accident. The father dies at the scene and the son,. . badly injured, is rushed to the hospital. In the operating room, the surgeon refuses. . to operate, saying, “I can’t operate on this boy. He is my son.”. Avoiding Bias in interviewing Storytellers. By Michael Preston Ed.D.. What is Bias?. Bias is prejudice against a person or group of people when compared to others. These biases are usually based on prior attitudes, first impressions, or socially constructed stereotypes. . Presented by:. Cut on the Bias. NSULeAds. Introduction . Student Perspectives . What is Implicit Bias?. Attitudes or stereotypes that affect our understanding, actions, and desires in an unconscious manner. Implicit bias.... Jaime Nebbitt, M.Ed.. August 12. th. , 2020. Who is Jaime Nebbitt?. BA Communications . - . University of Louisville. M.Ed.. . - . Western Kentucky University. Doctoral Student - Educational Leadership Program Northern Kentucky University. . Three years of losses often turn investors with thirty-year horizons into investors with three-year horizons; they want out.. Kenneth Fisher and Meir . Statman. . 2. Self-Control. People struggle between two personas—a doer and a planner.