Decision Making Presented by Anastasia Gatlin Alyssa Green

Decision Making Presented by: Anastasia Gatlin Alyssa Green Elena Vargas Laikan Brown

What is Decision making? • Decision making is the cognitive process of choosing from alternatives that may be used to reach a goal. • E. g. ) We all made a decision to come to school today, we made a decision in what clothes we chose to wear.

Three main types of Decision making • Predicting the future • Single feature • Additive model

Heuristics in decision making • The availability Heuristic (memory) • The representativeness Heuristic (judgement) • The confirmation Bias (bias) • Framing effect (How the wording of a concept can manipulate our thoughts and decisions)

Pros and Cons of decision making Pros Cons • • • Intuition Planning/well informed Preparation Alleviates Stress Success Regret Unexpected outcome Bias/not enough information Emotional Attachment

Conclusion • Decision making is a part of our innate lives. We continue to make decisions on a daily basis, some of which require more cognitive thinking than others. • As you can see, there are various psychological factors that go into decision making. • Decisions can change minor or major aspects of our lives. • We would like to leave you with the following message

References • Hull, Misty. Scientific American Psychology. Place of Publication Not Identified: Worth Pub, 2014. Print. • https: //www. skillsyouneed. com/ips/decision-making. html