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Relevance: While prevention efforts

Relevance: While prevention efforts cannot ensure that people make the correct decision, strategies to improve the decision-making process are valuable assets in improving outcomes. When is intuition detrimental and when is it valuable to decision making? Of particular interest in fraud prevention are techniques to address biases that people do not want to admit or believe about themselves.

Summary: Bad decisions are expensive and people want to avoid them, but there has not been enough academic work on strategies to improve decision making.

Good decisions are those that the decision maker “would regard as the right choice regardless of whether she was evaluating her own decision or someone else’s.”
The authors propose a model of decision making that involves two systems; one, the intuitive, fast, emotional system and two, the deliberate, slow, logical reasoning system.
In cases when system one leads to biases that undermines good decision making, strategies to actively incorporate rational thinking can improve outcomes. Alternatively, decision-making situations can be altered to account for emotional biases – especially in situations where people do not want to admit or believe their own biases (i.e. racial bias).

Author Abstract: The optimal moment to address the question of how to improve human decision making has arrived. Thanks to 50 years of research by judgment and decision-making scholars, psychologists have developed a detailed picture of the ways in which human judgment is bounded. This article argues that the time has come to focus attention on the search for strategies that will improve bounded judgment because decision-making errors are costly and are growing more costly, decision makers are receptive, and academic insights are sure to follow from research on improvement. In addition to calling for research on improvement strategies, this article organizes the existing literature pertaining to improvement strategies and highlights promising directions for future research.
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Relevance: While prevention efforts cannot ensure that people make the correct decision, strategies to improve the decision-making process are valuable assets in improving outcomes. When is intuition detrimental and when is it valuable to decision making? Of particular interest in fraud prevention are techniques to address biases that people do not want to admit or believe about themselves.Summary: Bad decisions are expensive and people want to avoid them, but there has not been enough academic work on strategies to improve decision making. Good decisions are those that the decision maker “would regard as the right choice regardless of whether she was evaluating her own decision or someone else’s.” The authors propose a model of decision making that involves two systems; one, the intuitive, fast, emotional system and two, the deliberate, slow, logical reasoning system. In cases when system one leads to biases that undermines good decision making, strategies to actively incorporate rational thinking can improve outcomes. Alternatively, decision-making situations can be altered to account for emotional biases – especially in situations where people do not want to admit or believe their own biases (i.e. racial bias).Author Abstract: The optimal moment to address the question of how to improve human decision making has arrived. Thanks to 50 years of research by judgment and decision-making scholars, psychologists have developed a detailed picture of the ways in which human judgment is bounded. This article argues that the time has come to focus attention on the search for strategies that will improve bounded judgment because decision-making errors are costly and are growing more costly, decision makers are receptive, and academic insights are sure to follow from research on improvement. In addition to calling for research on improvement strategies, this article organizes the existing literature pertaining to improvement strategies and highlights promising directions for future research.
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Relevansi: Sementara upaya pencegahan tidak dapat memastikan bahwa orang membuat keputusan yang benar, strategi untuk meningkatkan proses pengambilan keputusan adalah aset berharga dalam meningkatkan hasil. Kapan intuisi merugikan dan ketika itu berharga untuk pengambilan keputusan? Yang menarik dalam pencegahan penipuan teknik untuk mengatasi bias yang orang tidak mau mengakui atau percaya tentang diri mereka sendiri. Ringkasan: keputusan buruk yang mahal dan orang ingin menghindari mereka, tapi belum ada karya akademis yang cukup pada strategi untuk meningkatkan pengambilan keputusan . Keputusan yang baik adalah mereka yang pembuat keputusan "akan menganggap sebagai pilihan yang tepat terlepas dari apakah ia mengevaluasi keputusannya sendiri atau orang lain." Para penulis mengusulkan suatu model pengambilan keputusan yang melibatkan dua sistem; salah, satu, cepat, sistem emosional intuitif dan dua, yang disengaja, lambat, sistem penalaran logis. Dalam kasus ketika sistem satu mengarah ke bias yang merusak pengambilan keputusan yang baik, strategi untuk secara aktif memasukkan pemikiran rasional dapat meningkatkan hasil. Atau, situasi pengambilan keputusan dapat diubah untuk memperhitungkan bias emosional - terutama dalam situasi di mana orang tidak mau mengakui atau percaya bias mereka sendiri (yaitu bias rasial). Penulis Abstrak: Saat optimal untuk menjawab pertanyaan tentang bagaimana meningkatkan pengambilan keputusan manusia telah tiba. Berkat 50 tahun penelitian oleh penilaian dan pengambilan keputusan ulama, psikolog telah mengembangkan gambaran rinci tentang cara di mana penilaian manusia dibatasi. Artikel ini berpendapat bahwa sudah tiba saatnya untuk memusatkan perhatian pada pencarian strategi yang akan meningkatkan penghakiman dibatasi karena kesalahan pengambilan keputusan yang mahal dan tumbuh lebih mahal, pengambil keputusan yang menerima, dan wawasan akademis yakin untuk mengikuti dari penelitian tentang peningkatan . Selain menyerukan penelitian tentang strategi perbaikan, artikel ini mengatur literatur yang ada yang berkaitan dengan strategi perbaikan dan menyoroti menjanjikan arah untuk penelitian masa depan.







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