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types of decisions - Coggle Diagram
types of decisions
Rules
strict
clear
cultural backing
expected
may not be liked but they are not thought about
all the work regarding the choice is done in advance
standard
evaluations of what is good enough
choices that are pass fail in evaluation
unique to each person
potential to reevaluation over time
require a choice be made
have a inheret subjective quality to them. All participants must be competent swimmers.
presumptions
consistent
not given much through
developed from consistency of action
rarely require a choice
treat it like a rule untill specific cercumstance change your idea
Why we make decisions
Organizing our life
perceived to be enjoyable
belief that choice is important
to lead us toward something
routines and habits
developed out of a application of the rules,presumptions, and standards
if they alighn with goals we will make progress to goals over time
reduces the cost of deliberation
unique choice
required evaluation and assessment each time
cost of deliberation is high
first order decision
second order decision
strategies for avoiding the cost of deliberation of first order decisions
determined before the unique circumstance is presented.
reference material
https://chicagounbound.uchicago.edu/cgi/viewcontent.cgi?article=1437&context=law_and_economics
the paradox of choice