Emotions play a crucial role in decisionmaking from "summary" of Judgment in Managerial Decision Making by Max H. Bazerman,Don A. Moore
In the realm of decision-making, emotions wield a significant influence, often playing a pivotal role in the choices individuals ultimately make. While the rational mind may be touted as the ideal decision-making tool, emotions have a way of subtly – or not so subtly – guiding our thought processes and actions. This impact can be observed across various scenarios, from personal decisions to complex managerial choices.
Emotions bring with them a range of biases and heuristics that can shape our perceptions and evaluations of situations. These biases can lead us astray, causing us to prioritize certain factors over others or to perceive risks and rewards in a distorted manner. In the heat of decision-making, emotions can cloud our judgment, leading us down paths we might not have taken with a clear, rational mindset.
At the same time, emotions can also serve a...
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