Choice Architecture
The practice of organizing the context in which people make decisions to influence the outcomes, often used to nudge users towards certain behaviors.
224 topics found for
“decision-making strategies”
Behavioral Game Theory
The study of strategic decision making, incorporating psychological insights into traditional game theory models.
Competitive Intelligence
The process of gathering and analyzing information about competitors to inform business strategy and decision-making.
Groupshift
A phenomenon where group members make decisions that are more extreme than the initial inclination of its members due to group discussions and interactions.
Decision Architecture
The design of environments in which people make decisions, influencing their choices and behaviors.
Prospect Theory
A behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known.
Bye-Now Effect
The tendency for people to defer purchasing decisions to a later time, often leading to procrastination.
Delphi Method
A structured communication technique originally developed as a systematic, interactive forecasting method which relies on a panel of experts.
Numerosity Bias
The tendency to perceive a greater quantity as a better value, regardless of the actual utility.