Choice architecture

out. That left us with two choices, sit outside and wait or find an alternative way in. Being a hot summer day we opted for the second option. So we pried the screen off the window and shimmied our way in through the window. While it may not have been our wisest choice, it seemed like a good one at that time. While some reader would believe that choices are just choice, choice always have consequences. William Stafford 's poem "Traveling…

Every day, every person is faced with choices. Some choices, such as what to have for breakfast, are rather simple. Other choices, however, are much more complex and require extensive thought and decision making processes. As choices become more complex, the influence of one’s personal values, ethics, and integrity become much more visible in the ultimate outcome, or decision. As a person and a leader, it is how these choices are handled that allows us to look ourselves in the mirror and feel…

Choice: Why Less Is More Today’s capitalist democracy and its emphasis on consumerism, has led to an explosion of choices that many argue have increased human freedom and happiness. However, consumerism with its endless variety of choices has created a complicated paradox that is difficult to decipher. A vast sea of choices intended to liberate, has in fact enslaved us in a cycle where we are constantly seeking more and finding less satisfaction and meaning in our choices. Furthermore,…

Kahneman and Tversky developed the Prospect Theory to describe how people choose different choices that involve risk, knowing the probable outcomes. This demonstrates the way a person feels toward taking risks that involve positive outcomes is very different from the way a person feels toward risks that involve a negative outcome. The decision a person makes reflects on their judgement which can be heavy considering the conditions of uncertainty. For example, if people had a choice of: a) 100%…

A puzzle consists of pieces. Piecing them together takes motivation and commitment. A puzzle is similar to one’s life. Instead of pieces one’s life consists of choices. They are what make up the entirety of our life. Such as what to wear in the morning, when to do one’s homework, and how one treats others? But are these really our choices or are they influenced by outside factors? Each choice that we make on a day to day basis is influenced. There is not one choice that is one hundred percent…

guideline to better understand the findings and research outlined in the article. Authors of the article set out to research the idea of decision making and how motivation to achieve closure could force one to resort to decision sidestepping. Research suggests: unconscious choice to elect the default bias, choice delegation, status quo bias, inaction inertia, and option fixation are directly tied to electing decision sidestepping as a form of decision making to achieve closure in person highly…

As we grow older you run into many decisions that affect the outcome of your life. Sometimes you get stuck choosing between your friends and your future. The poem, "The Road Not Taken," by Robert Frost, tells the reader about how there are two "roads" to go down, the way everyone else is going, or going the opposite way to help better you. In my life I have made many choices that have affected me. Many of my choices are based upon my future rather than friends, because honestly you never know…

Ubben, Hughes, & Norris (2017) described decision making as, “The characteristic act of administration, the heart and its process” (p. 38). Decision making is a process used to help solve a problem while coming up with the best decision necessary. Throughout the process of decision making administrators must consider all dimensions for an issue to be solved. Ubben, Hughes, & Norris (2017) stated, “We must consider the facts or information that we have about any issue” (p. 39). In doing so we…

This will ensure that people think about all the repercussions of their choices and make sure they are weighing their options to do the right thing. And not make a choice that could be a result of peer pressure or just because they want others to like them. In a situation where the decision maker uses the Homecoming bias, the bias impairs their judgment so, people ought to keep in mind that they would be acting a way that isn 't normal for them as well as going out of their comfort zone. Instead…

The nature of decisions that are made in the business environment vary because of many reasons. Human actions or behaviors play a primary function in influencing the business sector. Microeconomics deals with the impact of human beings, through their actions and practices in shaping business industry. Their actions form part of behavioral economics. The behavioral economics sector is mainly influenced or determined by the concepts of the nudge theory. Microeconomics involves the study of the…