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UCLA Cognitive Biases Rational Decision Making Model Paper
- Give an example of one of the cognitive biases. This can be an example from your own experience, or a made up example. This cannot be an example from the text.
- What biases, either perceptual or decision making, do you find you use most commonly? What actions can you take to reduce the effects of those biases?
- Compare and contrast the rational decision making model with the idea of bounded rationality and intuitive decision making.
- As a manager, how can you best create a format for decision making for complex decisions?