Describe two decisions for each person that you have made


Hidden Traps in Decision Making

After reading the article, Hidden Traps in Decision Making (1998) by Hammond, Keeney, and Raiffa)

https://hbr.org/1998/09/the-hidden-traps-in-decision-making-2

Answer the assignment questions. Be sure to apply concepts from the lesson to your answers. Submit a paper with your answers below (one paper per team). With your partner, discuss the following:

1. Describe two decisions for each person that you have made that apply one of the mistakes in decision making. What could you have done to avoid these mistakes?

2. Apply at least 4 concepts from the lesson to the article.

3. Even if a person is aware of these psychological traps, will that eliminate their use? Why or why not?

4. Which of the decision making traps apply to social networking? Explain.

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Microeconomics: Describe two decisions for each person that you have made
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