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Decision Making

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Some decisions are best made after... Computer Science Reveals 4 Secrets That Will Make You Happy. Where do you go for most of your answers these days?

Computer Science Reveals 4 Secrets That Will Make You Happy

Google. And it’s no surprise that Google’s a company full of engineers. Engineers solve problems. That’s what they do. And computer software engineers have developed methods — algorithms — to solve some of the most insanely complex problems out there. Turns out you can get some amazing solutions. Okay, time to update the software in your brain. How To Minimize Regret And Maximize Happiness Computer scientists often use a framework called “explore/exploit.” In life, exploration minimizes regret. Exploring is fun. And exploiting what you’ve learned can provide big returns. No need to do heavy math. From Algorithms to Live By: The Computer Science of Human Decisions: When balancing favorite experiences and new ones, nothing matters as much as the interval over which we plan to enjoy them.

So if you’ve just moved to a new city, try a different restaurant every night for a while. Alright, so the science of high tech can help you be happy. The Power of Small Decisions. Decision Making: The #1 Secret Of Astronauts, Samurai, Navy SEALs, and Psychopaths. We all make a lot of bad decisions.

Decision Making: The #1 Secret Of Astronauts, Samurai, Navy SEALs, and Psychopaths

With careers: More than half of teachers quit their jobs within four years. In fact, one study in Philadelphia schools found that a teacher was almost two times more likely to drop out than a student. Decision-making. Sample flowchart representing the decision process to add a new article to Wikipedia.

Decision-making

Decision-making can be regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities. Every decision-making process produces a final choice that may or may not prompt action. Decision-making is the study of identifying and choosing alternatives based on the values and preferences of the decision maker. Decision-making is one of the central activities of management and is a huge part of any process of implementation.

Overview[edit] Edit human performance with regard to decisions has been the subject of active research from several perspectives: Decision-making can also be regarded as a problem-solving activity terminated by a solution deemed to be satisfactory. Some have argued that most decisions are made unconsciously. In regards to management and decision-making, each level of management is responsible for different things. Irrationality. Impulsive Decision Making. Mental Frameworks.

Choice.

Estimation

Priority. Social Influence. The 3 Stages of Failure in Life and Work (And How to Fix Them) This Is How To Make Good Decisions. Life would be a lot easier if we just knew how to make good decisions.

This Is How To Make Good Decisions

Research shows we all make a lot of bad ones. With careers: More than half of teachers quit their jobs within four years. In fact, one study in Philadelphia schools found that a teacher was almost two times more likely to drop out than a student. In our jobs: A study showed that when doctors reckoned themselves “completely certain” about a diagnosis, they were wrong 40% of the time. And in our personal lives: …an estimated 61,535 tattoos were reversed in the United States in 2009.

We get a lot of sketchy tips based on unreliable sources. For starters, you might think you would be better off if you just had more information about the choice at hand. And you’d be wrong… You don’t need more info. In the past 20 years we went from a world where information was difficult to come by to a world where we can’t get away from the stuff. Solution? Via To Sell Is Human: The Surprising Truth About Moving Others: Feelings Are Your Friends.

By thinking like a computer [ TED Talk : Tom Griffiths ] Explore / Exploit. To build skill from scratch, you need to know How to Climb A Ladder.

Explore / Exploit

But how do you know which ladder to climb? There are millions of skills you could acquire, and billions of subtle variations. Which set of those skills and variations is the optimal path to getting what you want? How do you determine those things in advance, before you invest in learning them? And what if “getting what you want” changes over time? Barring some form of omniscience, is there a better strategy than taking a wild guess and hoping for the best? Yes, there is. The Bandit Problem Figuring out which skills will give you the best outcomes is very similar to a venerable and important problem in probability theory: the multi-armed bandit problem.

Here’s a short version of the problem: imagine walking into a casino and deciding to play the slot machines.

Books

Morning Exercise.