Decision Making: Why do we make the wrong choices although we are aware of the right on... - 0 views
www.quora.com/we-are-aware-of-the-right-ones
decision making psychology knowledge choice brain science
shared by krystalxu on 08 Oct 17
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you blame yourself for not opting for 7 (which was available to you) forgetting that you would not have known that at time of buying the ticket.
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your estimation was not proven to be correct because the price fell as there were more people who were willing to sell than to buy.
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It is wrong to blame yourself for something which you were not capable of knowing at the time of making decisions.
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We win or lose not only on the basis of how good or bad we performed but also how good or bad our competitors performed.
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We often take decisions based on impulse rather than careful analysis of the pros and cons of taking decisions.
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There is no inherent reason why medicines should taste horrible — but effective ones usually do. Similarly, there is no inherent reason why decisions should be distasteful — but most effective ones are.”