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Improving Decision 
Making 
Sahand Nematian 
Arash Kamali
 Group 1: 
 AWARENESS OF OUR COGNITIVE 
LIMITATIONS AND SUSCEPTIBILITY TO 
BIAS 
 Group 2: 
 POVIDE IMPROVING SPECIFIC DECISION 
IN SPECIFIC SITUATION
 ACQUIRING EXPERIENCE AND 
EXPERTISE 
 REDUCING BIASE IN YOUR JUDGEMENT 
 ANALOGCAL REASONING 
 TAKING AN OUTSIDER’S VIEW 
 USING LINEAR MODELS 
 UNDERSTANDING BIAS IN OTHERS
& 
Bazerman Carroll
Factors that inhibit individuals 
from changing 
1. Satisfaction with current status 
2. Risk aversion 
3. Preference for certain outcomes to 
uncertain innovative outcomes
Improving dm
Improving dm
Improving dm
Improving dm
Improving dm
Improving dm
Improving dm
Improving dm
Improving dm
Improving dm
Improving dm
Improving dm

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Improving dm

  • 1. Improving Decision Making Sahand Nematian Arash Kamali
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.  Group 1:  AWARENESS OF OUR COGNITIVE LIMITATIONS AND SUSCEPTIBILITY TO BIAS  Group 2:  POVIDE IMPROVING SPECIFIC DECISION IN SPECIFIC SITUATION
  • 10.  ACQUIRING EXPERIENCE AND EXPERTISE  REDUCING BIASE IN YOUR JUDGEMENT  ANALOGCAL REASONING  TAKING AN OUTSIDER’S VIEW  USING LINEAR MODELS  UNDERSTANDING BIAS IN OTHERS
  • 11.
  • 12.
  • 14.
  • 15.
  • 16. Factors that inhibit individuals from changing 1. Satisfaction with current status 2. Risk aversion 3. Preference for certain outcomes to uncertain innovative outcomes