Decision Making Methodologies
After Completing This Course You Will Be Able To
Master 12 steps to being a confident decision maker
Use the correct form of assessment to guide your choices
Understand how money affects decisions
Comprehend how time affects your decisions
Recognize when Survivor Bias is clouding your judgement
Understand the Over Optimism Bias and evaluate the parameters based on what is true
Stay rooted in reality when making decisions
Assess when intuition is useful and when a more thorough approach is needed
About This Course
Learn how to make methodological choices in this in-depth course on how to grapple with complex decisions. Challenge yourself to become a better thinker and learn how to evaluate a decision thoroughly and come to a rational solution. You’ll dive into the psychology of breaking the cycle of mental habituation and learn tips for how to balance risk and reward.
After completing this course you will have mastered the tools you need to evaluate complicated problems and to assess solutions from multiple perspectives. You’ll also learn how to make calculated financial decisions and how to develop a superior criteria for evaluating decisions before commiting to a solution.
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What You Will Learn
Strategies for overcoming loss aversion and more accurately assessing risk versus reward
How to objectively assess risks in terms or net gains and losses
How to approach all decisions with the expectation of delayed gratification
How to override the impulse of mental accounting by making more accurate comparisons in a bigger picture
How to make purchasing decisions based on rationality instead of emotions
How to exercise willpower to make better decisions
How to use the Marshmallow Test to guide your decision making
How to foster more willpower to make more rational, controlled decisions
How to recognize when Survivor Bias is clouding your judgement
Why Learn With Michael Shermer?
Who Is This Course For?
Business owners wanting to enhance the decision making skills
Entrepreneurs wanting to avoid irrational and bias decisions
Freelancers wanting to add Behavioral Theories to their business acumen
Students wanting to learn about the psychology of breaking the cycle of mental habituation
Anyone wanting to make better decisions in their professional career
All levels of experience
Requirements
Access to Internet
Computer / Laptop / Mobile Device
What Is Included?
Immediate unlimited access to course materials
30-day money-back guarantee
Exercises and quizzes to help you put theory into practice
English Closed Captions
Suitable for mobile or desktop
A badge to showcase your expertise on your profile page upon completion
