Related Concept Videos

Thinking Too Much Impairs Decision-Making08:34

Thinking Too Much Impairs Decision-Making

Source: Peter Mende-Siedlecki & Jay Van Bavel—New York University
When we are considering a tough choice between two or more attractive options, we often end up actively weighing the pros and cons of each alternative. By reflecting on their advantages and disadvantages, we attempt to fit a complex, subjective decision into an orderly set of criteria. However, research in psychology suggests that this sort of introspective approach might not always yield the most optimal outcomes.1
In...
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Decision-making and the Iowa Gambling Task08:22

Decision-making and the Iowa Gambling Task

Source: Laboratories of Jonas T. Kaplan and Sarah I. Gimbel—University of Southern California
Decision-making is an important component of human executive function, in which a choice about a course of action or cognition is made from many possibilities. Damage to the inferior parts of the frontal lobes can affect a person's ability to make good decisions. However, while decision-making deficits can have a large impact on one's life, these deficits can be difficult to quantify in the...
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Operant Protocols for Assessing the Cost-benefit Analysis During Reinforced Decision Making by Rodents07:05

Operant Protocols for Assessing the Cost-benefit Analysis During Reinforced Decision Making by Rodents

A cost-benefit analysis is a weighing-scale approach that the brain performs during the course of decision making. Here, we propose a protocol to train rats on an operant-based decision-making paradigm where rats choose higher rewards at the expense of waiting for 15 s to receive...
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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...
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Types of Decisions and the Decision Process01:24

Types of Decisions and the Decision Process

The organizational buying process is structured and methodical, involving multiple stakeholders and requiring significant financial commitments. Unlike consumer purchasing, business buyers face complex decisions that demand a deep understanding of technical specifications and careful coordination among departments. These decisions are made within a framework that seeks to balance cost, quality, and efficiency and ensure long-term supplier relationships.
Problem Recognition and Need...
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Statistical Software for Data Analysis and Clinical Trials01:12

Statistical Software for Data Analysis and Clinical Trials

Statistical software is pivotal in data analysis and clinical trials by providing tools to analyze data, draw conclusions, and make predictions. These software packages range from simple data management applications to complex analytical platforms, supporting various statistical tests, models, and simulation techniques. Their significance lies in their ability to handle vast amounts of data with precision and efficiency, enabling researchers to validate hypotheses, identify trends, and make...
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