"In psychology, decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options."
Overview of different approaches to decision making, including rational choice theory, bounded rationality, and incrementalism.
Decision Making Process: This topic covers the different stages of decision-making, including problem identification, alternative generation, evaluation, and choice. It also includes the tools and techniques used in each stage.
Ethics in Decision Making: This topic involves understanding the various ethical considerations in making decisions, such as fairness, accountability, and transparency.
Decision Making Models: This topic covers the different mathematical and statistical models that can be used to analyze data and support decision-making.
Game Theory: This topic involves understanding the interactions between different decision-makers and their strategies when faced with different scenarios.
Risk Analysis: This topic involves identifying and assessing risks associated with a decision and selecting appropriate risk management strategies.
Social and Political Context: This topic involves understanding the social and political factors that may influence decision-making, including power structures, stakeholder interests, and public opinion.
Cost-Benefit Analysis (CBA): This topic involves analyzing the costs and benefits associated with a decision and making a determination of whether or not the benefits outweigh the costs.
Decision-Making Tools: This topic covers the different tools and techniques used in decision-making, including decision trees, scenario planning, and optimization models.
Decision Support Systems (DSS): This topic involves learning how to use computer-based tools to support decision-making.
Evaluation of Decisions: This topic covers the techniques used to evaluate the effectiveness of a decision after it has been implemented.
Rational Decision Making: A logical and systematic approach to decision making, which involves analyzing all available options, gathering accurate data, and making an informed decision that will likely result in the best outcome.
Incremental Decision Making: A process of making small adjustments to existing policies or procedures, based on feedback and evaluation, rather than creating entirely new strategies.
Intuitive Decision Making: A method of decision making based on instinct, personal experience, and a "gut feeling", rather than a formalized approach or analysis.
Behavioral Decision Making: Uses psychology to understand and analyze the motivations, biases, and perceptions that influence decision making, with the aim of improving the accuracy of the decision.
Participatory Decision Making: Involves a collaborative approach that brings together stakeholders, experts, and others who are impacted by the decision, in order to ensure that all viewpoints are considered and integrated into the final decision.
Strategic Decision Making: A long-term approach to decision-making that involves analyzing trends, forecasting future events, and developing strategies that will enable the organization to achieve its long-term goals.
Adversarial Decision Making: Involves a competitive approach where stakeholders have opposing goals and interests, and decisions are based on negotiation, bargaining, and compromise.
Evidence-Based Decision Making: A decision-making process that relies on empirical data, research, and analysis to support informed decision making.
Group Decision Making: A process of making decisions collectively, by gathering opinions, perspectives, and insights from a group of individuals.
Ethical Decision Making: A decision-making process that takes into account the moral and ethical implications of a decision, with the aim of making a decision that is socially responsible and ethical.
"Decision-making (also spelled decision making and decisionmaking)"
"It could be either rational or irrational."
"The decision-making process is a reasoning process based on assumptions of values, preferences, and beliefs of the decision-maker."
"Every decision-making process produces a final choice."
"The final choice may or may not prompt action."
"Research about decision-making is also published under the label problem solving."
"Particularly in European psychological research."
"A final choice"
"Several possible alternative options."
"It could be either rational or irrational."
"Assumptions of values, preferences, and beliefs of the decision-maker."
"Decision making and decisionmaking."
"The final choice may or may not prompt action."
"Research about decision-making is also published under the label problem solving."
"Particularly in European psychological research."
"The selection of a belief or a course of action among several possible alternative options."
"A reasoning process."
"Assumptions of values, preferences, and beliefs of the decision-maker."
"The cognitive process resulting in the selection of a belief or a course of action among several possible alternative options."