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Decision Making

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What decision concepts (theories, principles, heuristics, etc.) were demonstrated for each of the situations within the Unit 5 Activity? Be sure to justify and explain your rationale for choosing each principle.

What do these decision concepts imply about the ways in which we people make decisions?
Can any of these decision concepts lead to critical errors in judgment? Why or why not? Be sure to support your conclusions

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What decision concepts (theories, principles, heuristics, etc.) were demonstrated for each of the situations within the Unit 5 Activity? Be sure to justify and explain your rationale for choosing each principle.

At the very inception Wendy declares that she is suspicious of the problem but implies that the problem will become simple if it is discussed in the group. The social comparison theory is demonstrated because given a choice Wendy decides to compare her decision with others who are close to her, which is the group.

When Jill gives her answer, Wendy reassures her not to worry if the answer is correct; they are just trying to lay down the possibilities. This also exhibits the social comparison theory. Jill is showing her natural tendency to evaluate her answer and consequently her ...

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