This is the final of a three-part post that walks step-by-step through a multi-criteria analysis, a formal decision process you might use when making a weighty decision. At https://prismdecision.com/how-to-multi-criteria-analysis-part-3
This is the second of a three-part post that walks step-by-step through a multi-criteria analysis, a formal decision process you might use when making a weighty decision. At https://prismdecision.com/how-to-multi-criteria-analysis-part-2
So, how do you decide? Based on your gut intuition, a formal analysis of trade-offs, your core beliefs, multiple criteria, the alignment to your vision for a preferred future? Or something else? This three-part post will walk step-by-step through a multi-criteria analysis, a formal decision process you might use when making a weighty decision. At https://prismdecision.com/how-to-multi-criteria-analysis-part-1
I firmly believe that having more options is preferable to having fewer options. On the other hand, just about every time I go to the grocery store, I wish there were fewer choices. So I am conflicted: my training and belief system tell me the more options, the better; my experience, sometimes just the opposite. Research now validates the conflict I experience. In fact, Columbia researcher Sheena Iyengar asserts that having too many options results in poorer decisions. Read on at https://prismdecision.com/z4x.
View the Monkey Business Illusion and test your susceptibility to inattentional blindness at https://prismdecision.com/2lf
When making decisions, do you struggle with cost-benefit analyses? Well, here is motivation for you to improve that skill: According to ScienceDaily, “Crayfish make surprisingly complex, cost-benefit calculations.” See the full discussion of crayfish and human cost-benefit calculus at https://prismdecision.com/channel-your-inner-crayfish-brain.
Guest contributor Andrew Tait highlights some of the problems associated with testing hypotheses using statistical methods. Read why he agrees with Tom Siegfried’s observation in a recent piece in Science News that “if you believe what you read in the scientific literature, you shouldn’t believe what you read in the scientific literature”.
Most of us believe that multitasking increases our productivity. That belief turns out to be an illusion. Read on for the fully post at https://prismdecision.com/multitasking-illusion
Struggling with a tough decision? Wavering back and forth, unable to make up your mind? Very likely your frustration results from thinking about a complex problem?like buying a house?one factor at a time. To attack a complex problem and keep track of its multiple factors, create a decision matrix.