Shared Information Bias
A cognitive bias where group members tend to discuss information that everyone already knows rather than sharing unique information, leading to less effective decision-making.
A cognitive bias where group members tend to discuss information that everyone already knows rather than sharing unique information, leading to less effective decision-making.
The study of psychology as it relates to the economic decision-making processes of individuals and institutions.
A mental shortcut where current emotions influence decisions, often bypassing logic and reasoning.
The phenomenon where having too many options leads to decision-making paralysis and decreased satisfaction.
The process of triggering particular aspects of a person's identity to influence their behavior or decisions.
Decision-making strategies that use simple heuristics to make quick, efficient, and satisfactory choices with limited information.
The level of sophistication and integration of design practices within an organization's processes and culture.
The compromises made between different design options, balancing various factors like usability, aesthetics, and functionality.
The understanding and proficiency in the principles, practices, and processes of design.