Decision Staging
The process of breaking down decisions into smaller, manageable stages to simplify the decision-making process.
148 topics found for
“complex decisions”
System Two
A mode of thinking, derived from Dual Process Theory, that is slow, deliberate, and analytical, requiring more cognitive effort and conscious reasoning.
Hick’s Law
A principle that states the time it takes to make a decision increases with the number and complexity of choices available.
Take the Best Heuristic
A decision-making rule where individuals choose the option with the highest perceived value based on the first good reason that comes to mind, ignoring other information.
Fast and Frugal Heuristics
Decision-making strategies that use simple heuristics to make quick, efficient, and satisfactory choices with limited information.
Knowledge Engineering
The process of integrating knowledge into computer systems to solve complex problems, often used in AI development.
Critical Thinking
The objective analysis and evaluation of an issue in order to form a judgment.
Bounded Rationality
A concept that humans make decisions within the limits of their knowledge, cognitive capacity, and available time, leading to satisficing rather than optimal solutions.
Choice Paralysis
A situation in which an individual is unable to make a decision due to the overwhelming number of options available.