How to Minimize and Increase Objective Decision Making MGT/362

In the article from the Risk Analysis journal, behavioral decision research shows that biases can be either motivational or cognitive. Cognitive biases are systematic discrepancies between what the right answer is and the decision makers actual answer. Motivational biases are those influenced by what the desired outcome is. An example of a motivational bias would be a time constraint on a course youre taking. This is not always an exact measure but a set time a leader thinks it will take to complete a course based on past experience. This can be difficult because not all people are the same and we need to separate biases and facts with adequate analysis of what the course is...