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The Art and Science of Decision-Making

This course delves into the dual nature of decision-making—its artistic and scientific aspects. Students will engage in discussions to reflect on their decision-making processes and learn key concepts such as selective perception, cognitive dissonance, and anchoring. Through interactive exercises, group discussions, and individual papers, participants will enhance their understanding of effective decision-making, identify biases, and explore personality types that influence choices. Join us to become more thoughtful decision-makers and help others in their journey.

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The Art and Science of Decision-Making

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  1. The Art and Science of Decision-Making January 28, 2013 Robert S. Duboff Robert.Duboff@hawkpartners.com 617-576-4701 Jason Robins

  2. Decision-Making: Art or Science – Today’s Agenda • Learning agenda and toughest decision • Look at a decision • Good decisions list • Key concepts • Course description

  3. If you decide correctly, were you: • Philosopher King/Queen • Insightful (foresightful?) • Lucky

  4. Key Concepts • Selective perception • Willing blindness • Recency • Cognitive dissonance • Anchoring • Before/during/after • Personality types

  5. Before Decision Post-Decision Deliberation Decision Advising Making Explaining Implementing

  6. About the Course The core idea behind this course is to help students become more thoughtful about, and hopefully better at, making decisions and/or helping others make them. While the instructors take responsibility for guiding the course and providing the stimuli, success will also depend on the students, since each class will consist of discussion. There will be many questions posed, but the instructors do not think they have all the answers. The hope is that through weekly, thoughtful interactions after advance preparation, we will all reach the goal of the core. Thus, prospective students should be ready to participate and engage. There will be one in class presentation-type exercise, two short papers (only one of which will be graded) and a final paper. In all the graded instances, students will be able to select their topic.

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