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Overcoming Cognitive Traps in Managerial Decision Making

This collection of references explores cognitive traps and their impact on judgment in managerial decision making. Key works include Max H. Bazerman’s insights on cognitive biases, Robyn M. Dawes’ exploration of rational choice theory, and J. Edward Russo’s examination of barriers to effective decision making. The psychological underpinnings of judgment are further elaborated in "Rational Choice in an Uncertain World," highlighting how decision-making can be improved by acknowledging these cognitive pitfalls. Emphasizing practical solutions to overcome decision traps, this compilation is essential for improving managerial effectiveness.

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Overcoming Cognitive Traps in Managerial Decision Making

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  1. References for cognitive traps Judgment in Managerial Decision Making by Max H. Bazerman Rational Choice in an Uncertain World by Robyn M. Dawes, Jerome Kagan (Editor) Rational Choice in an Uncertain World: The Psychology of Judgement and Decision Making by Reid Hastie, Robyn M. Dawes Decision Traps: Ten Barriers to Brilliant Decision-Making and How to Overcome Them by J. Edward Russo, et al

  2. The Monty Hall Game

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