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Related Concept Videos

Decision Making01:20

Decision Making

Decision-making is a fundamental cognitive process that involves evaluating alternatives and selecting among them. This process can range from simple choices, such as deciding what to wear, to complex decisions, like choosing a major in college or a career path. The complexity of the decision often dictates the approach we use, which can be broadly categorized into two types: automatic and controlled decision-making.
Automatic decision-making is fast, intuitive, and relies on gut feelings...
Decision Making: P-value Method01:09

Decision Making: P-value Method

The process of hypothesis testing based on the P-value method includes calculating the P- value using the sample data and interpreting it.
First, a specific claim about the population parameter is proposed. The claim is based on the research question and is stated in a simple form. Further, an opposing statement to the claim  is also stated. These statements can act as null and alternative hypotheses:  a null hypothesis would be a neutral statement while the alternative hypothesis can have a...
Decision Making: Traditional Method01:14

Decision Making: Traditional Method

The process of hypothesis testing based on the traditional method includes calculating the critical value, testing the value of the test statistic using the sample data, and interpreting these values.
First, a specific claim about the population parameter is decided based on the research question and is stated in a simple form. Further, an opposing statement to this claim is also stated. These statements can act as null and alternative hypotheses, out of which a null hypothesis would be a...
Reason and Intuition01:37

Reason and Intuition

The human brain processes information for decision-making using one of two routes: an intuitive system and a rational system (Epstein, 1994; popularized by Kahneman, 2011 as System 1 and System 2, respectively). The intuitive system is quick, impulsive, and operates with minimal effort, relying on emotions or habits to provide cues for what to do next, while the rational system is logical, analytical, deliberate, and methodical. Research in neuropsychology suggests that the brain can only use...
Critical Thinking II01:25

Critical Thinking II

Critical thinking is a cognitive process with several attributes. The attributes of critical thinking include the following:
The Anchoring-and-Adjustment Heuristic01:25

The Anchoring-and-Adjustment Heuristic

In order to make good decisions, we use our knowledge and our reasoning. Often, this knowledge and reasoning is sound and solid. However, sometimes, we are swayed by biases or by others manipulating a situation. For example, let’s say you and three friends wanted to rent a house and had a combined target budget of $1,600. The realtor shows you only very run-down houses for $1,600 and then shows you a very nice house for $2,000. Might you ask each person to pay more in rent to get the $2,000...

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Related Experiment Video

Updated: May 31, 2026

The Adventures of Fundi Intervention Based on the Cognitive and Emotional Processing in Attention Deficit Hyperactive Disorder Patients
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The Adventures of Fundi Intervention Based on the Cognitive and Emotional Processing in Attention Deficit Hyperactive Disorder Patients

Published on: June 12, 2020

Decision making.

David W Chambers

    The Journal of the American College of Dentists
    |July 12, 2011
    PubMed
    Summary
    This summary is machine-generated.

    Making smart decisions involves committing resources for the best outcome, prioritizing strategies with high expected value. This research explores complex decision-making factors and provides a case study on third molar removal.

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    The Adventures of Fundi Intervention Based on the Cognitive and Emotional Processing in Attention Deficit Hyperactive Disorder Patients
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    Operant Protocols for Assessing the Cost-benefit Analysis During Reinforced Decision Making by Rodents

    Published on: September 10, 2018

    Area of Science:

    • Decision Science
    • Risk Management
    • Health Economics

    Background:

    • Decisions involve resource commitment under risk, aiming for optimal future outcomes.
    • Effective decision-making balances facts and values to achieve the best expected value.
    • Understanding special circumstances enhances strategic decision-making capabilities.

    Purpose of the Study:

    • To explore various factors influencing decision-making processes.
    • To analyze complex scenarios in decision-making, including those with multiple objectives or stakeholders.
    • To illustrate decision-making principles with a practical example in dental surgery.

    Main Methods:

    • Discussion of decision-making under risk and uncertainty.
    • Analysis of special circumstances: multiple goals, group decisions, trigger points, framing, lost causes, and expert decision-making.
    • Case study: evaluating third molar removal decisions, with and without Evidence-Based Dentistry (EBD) search.

    Main Results:

    • Smart decisions are identified as strategies with the highest overall expected value.
    • The study highlights the importance of considering multiple factors in complex decisions.
    • The case study demonstrates the application of decision-making principles in a clinical context.

    Conclusions:

    • Optimal decision-making requires a strategic combination of facts and values.
    • Special circumstances significantly impact the decision-making process and outcomes.
    • Evidence-Based Dentistry (EBD) integration can inform complex clinical decisions, such as third molar removal.