Decision Making Quotes

Discover the best quotes about Decision Making. This collection showcases wisdom and insights on Decision Making from various authors and personalities.

Majority decisions tend to be made without engaging the systematic thought and critical thinking skills of the individuals in the group. Given the force of the group's normative power to shape the opinions of the followers who conform without thinking things through, they are often taken at face value. The persistent minority forces the others to process the relevant information more mindfully. Research shows that the deciscions of a group as a whole are more thoughtful and creative when there is minority dissent than when it is absent.
Characteristics of System 1: • generates impressions, feelings, and inclinations; when endorsed by System 2 these become beliefs, attitudes, and intentions • operates automatically and quickly, with little or no effort, and no sense of voluntary control • can be programmed by System 2 to mobilize attention when a particular pattern is detected (search) • executes skilled responses and generates skilled intuitions, after adequate training • creates a coherent pattern of activated ideas in associative memory • links a sense of cognitive ease to illusions of truth, pleasant feelings, and reduced vigilance • distinguishes the surprising from the normal • infers and invents causes and intentions • neglects ambiguity and suppresses doubt • is biased to believe and confirm • exaggerates emotional consistency (halo effect) • focuses on existing evidence and ignores absent evidence (WYSIATI)• generates a limited set of basic assessments • represents sets by norms and prototypes, does not integrate• matches intensities across scales (e.g., size to loudness) • computes more than intended (mental shotgun) • sometimes substitutes an easier question for a difficult one (heuristics) • is more sensitive to changes than to states (prospect theory)* • overweights low probabilities* • shows diminishing sensitivity to quantity (psychophysics)* • responds more strongly to losses than to gains (loss aversion)* • frames decision problems narrowly, in isolation from one another*
When kids made a decision for themselves they have a vested interest in showing they were right. Lee wanted to prove to me that he had made the right choice so he worked hard and did well. If we'd forced him to go to college somewhere else all the incentives would've been different. Then he would have had a motive to prove that we were wrong.
Thinking can be done best when you're in that state of mind where nothing can slip under the radar and destroy your concentration.
Definiteness of decision always requires courage, sometimes very great courage. The fifty-six men who signed the Declaration of Independence staked their lives on the decision to affix their signatures to that document.
WHAT I'M TELLING YOU IS, IF YOU WANT TO DO THINGS YOUR OWN WAY, YOU'RE GOING TO HAVE TO MAKE A DECISION - YOU'RE GOING TO HAVE TO FIND A LITTLE COURAGE.
Never let others define you.
You sold out! We elected you, and you sold out! The next time we have an election, I think everyone should vote for himself. Or we might just as well vote for Charlie Brown! Yes, next year we may even say, 'You're elected, Charlie Brown!
You can't make decisions based on fear and the possibility of what might happen.
If you let fear dictate your decisions, you will live defensively, reactively, cautiously. Living by faith is playing offense with your life.
The straight line, a respectable optical illusion which ruins many a man.
Every single decision of your life is predicated on the healthy functioning of the prefrontal cortex. Even a slight malfunction in a tiny chunk of neuron anywhere in the PFC would lead to the mental deficit in your logical decision-making.