StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The Psychology of Decision Making and Risk - Essay Example

Comments (0) Cite this document
Summary
The health is considered to be the most precious gift for every individual, although it requires special care people often tend to be careless in their health related issues which causes persistent problems later on. According to Kolbe, Lloyd et.al.[2004], in United States around three-quarters of populace above 25 years of age face fatalities in which 41% are caused by stroke and other heart diseases, 24% by cancer, 4% by (COPD) chronic obstructive pulmonary diseases like asthma and bronchitis and 3% caused by diabetes…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.8% of users find it useful
The Psychology of Decision Making and Risk
Read TextPreview

Extract of sample "The Psychology of Decision Making and Risk"

Download file to see previous pages Hence the need to counter such issues has further augmented in recent years.
The recent years have witnessed a marked increase in the study of human risks factors involving health, its reasons as well as the techniques to counter them. People take intentional and unintentional health risks that affect the body in soon after. The reason is often being low esteem or just to create a high in an otherwise normal life. Youngsters today engage in unhealthyand dangerous practice like drug overdoses and precarious intimacy with multiple partners gauging the level of protection and as a result face severe complications eventually [Jessor, 1998].
Ingenuously, unhealthy eating habits have made obesity the common problem of today, ranging from a child to adults the sedentary lifestyle has further boosted this issue. Journals and researches are targeting such conditions in society and helping them to cope with it by incorporating good eating habits and comprise regular exercise. Losing as little as five percent of the total body weight lowers the risks for several diseases since overweight individuals are exposed to a number of health risks like
type 2 diabetes
coronary heart disease and stroke
metabolic syndrome
certain types of cancer
sleep apnea
osteoarthritis
gallbladder disease
fatty liver disease
Pregnancy complications. [Do you know the health risks of being overweight, n.d.]
It has been estimated that men are more susceptible to deaths as a result of alcohol related problems globally. In 1997, 3290 alcohol related deaths occurred in Australia of which 70% were men [Alcohol and men's health, n.d.]. There are health guidelines issues by the concerned authorities which must be kept in mind before taking such risks that ultimately result in inexorable complications. However, women and adolescents who drink increasingly are at threat as well, therefore researches are being conducted that provide health information to public so that they are well aware of the risks involved in such conditions.
As much as premeditated risks are causing hazards for health, environmental problems are also jeopardizing human health these days. Several researches conducted at LBNL have illustrated the sub-lethal consequences of ecological contamination especially in aquatic ranges. Dumping of toxic wastes in lakes and trash burning has induced multiple affect s on the environment that eventually impinges the human health. People should be vigilant regarding the environmental issues and cooperate with the concerned authorities to counter them. Researchers like Dr. Doug Barofsky and Jennifer Field etc. [centre research, OSU] tests and introduces the care measure that should be taken to protect one from the harmful environmental effects.
Schools can play the most important part in inducing an appropriate lifestyle and care by introducing health plans and ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Psychology of Decision Making and Risk Essay”, n.d.)
The Psychology of Decision Making and Risk Essay. Retrieved from https://studentshare.org/health-sciences-medicine/1531351-the-psychology-of-decision-making-and-risk
(The Psychology of Decision Making and Risk Essay)
The Psychology of Decision Making and Risk Essay. https://studentshare.org/health-sciences-medicine/1531351-the-psychology-of-decision-making-and-risk.
“The Psychology of Decision Making and Risk Essay”, n.d. https://studentshare.org/health-sciences-medicine/1531351-the-psychology-of-decision-making-and-risk.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Psychology of Decision Making and Risk

Importance of Decision-Making in Risk Management

... Importance of Decision-Making in Risk Management Introduction According to the expert analysis ethics relates to the ethical principles of values. Association frequently decides among profit and moral. A number of organizations acquire both, yet ethical issues arise each time. Justice, fairness, rightness or injustice is a number of issues of concern. Ethical principles are a way to make your mind up these issues. A) Issue clarification For commerce to be winning, goods or services require to be offer. They have to be desired by the public in order for commerce to occur. No doubt, the social everyday jobs of a trade are also vital to the success of an association. The major social responsibilities are to defend the environment, uphold...
2 Pages(500 words)Essay

Financial Decision Making and Risk Analysis

...Financial Decision Making and Risk Analysis Case Facts and Summary The company is investigating the possibility of replacing its current sub-assemblyline with an automated assembly cell. The new assembly cell will consist of five new robots, each costing £32,000, with associated gripping devices costing a total of £65,000. The roller tracking plus the assembly fixtures, etc. would cost an additional £15,000. The new cell will replace the existing sub-assembly line which requires eight fitters at a cost of £18,500 per annum each. It is estimated that the reduction in scrap and rework would save an additional £5,000 per year. The new assembly cell requires three cell programmer/operators recruited at a salary of £20,000 per year each...
9 Pages(2250 words)Case Study

Psychology-decision making

Analysis on Decision Making for 12 Angry Men “12 Angry Men” is a story on a jury’s consensus in reaching a verdict. It showed that what is presented should not be the only basis to make a decision. Evidences should be carefully studied. Characteristics and credibility of the witnesses should also be considered if the statement that they have given is truthful.
It was on a summer afternoon at the Manhattans Court of General Sessions, the judge was talking to the jury on how they should decide on the case that they were faced. It was a murder case on the first degree as an 18-year old son was being accused of killing his father at their apartment. The 12-man jury was dismissed by the judge who seems to be bored of the case for t...
2 Pages(500 words)Essay

How Does Branding Affect Buyers Purchase Decision

The scope of the study covers all kinds of buyers with different behaviours making buying decisions with regard to different brands. There is also a detailed study of the Consumer Decision Process. There is a good enough introduction on consumer buying process besides an extended and detailed introduction on Branding and Marketing emphasizing the difference between the two and how the concepts are different from each and in what way there can be a delineation between the two. There is an explanation on the different stages of Consumer Buying Behaviour, namely Need Awareness, Information Search, Checking Options, Purchase Decision, and Post Purchase Behaviour. There is also a detailed explanation on Types of Consumer Buying Behavio...
44 Pages(11000 words)Research Paper

Psychology: Development of Gender

The changing nature of gender roles in the 21st century is discussed and some practical examples of these changes being investigated. Then, it will critically analyze the role media plays in shaping human behavior. Lastly, the report will look at how gender roles are acquired through the observation of male and female social role models.

The awareness of who we are and whether we are female or male is an important aspect of human development. Some eminent psychologists have raised concerns about how we come to be identified as male or female. They ask, does the process of identification of who we are starts right from the moment the child is born? Or does she/he learn about its identity from the social environment in wh...
15 Pages(3750 words)Research Paper

Cognitive Psychology And Its Implications

Cognitive psychology attempts to understand the nature of human intelligence and how people think. The study of cognitive psychology is motivated by scientific curiosity, by the desire for practical applications, and by the need to provide a foundation for other fields of social science. (Anderson, 1990:3) Looking into the history of the world at large, it becomes evident that almost all human societies have been socially stratified from the most primitive Paleolithic and Neolithic ages to the most modern contemporary era of hi-technology and computerization. The social division of individuals is on the basis of caste, class, creed, clan, community, region, race, religion, gender, age, and socioeconomic status. Socioeconomic statu...
10 Pages(2500 words)Case Study

The Discourses of Psychology and History

Psychology as a field of discourse relies heavily on empirical evidence; being a social science, this empirical evidence is still subject to much subjective analysis. This is not to say that there is no room in chemistry for any sort of subjective analysis, but there is not nearly as much leeway as there would be in social science like psychology. This is the reason why there is such a contrasting difference in the way that theories are phrased in hard sciences and social sciences.

Concerning written assignments in psychology courses, there is a definite, approved approach that must be followed. Generally speaking, psychology paper assignments are not supposed to contain quotations from other papers; the findings of ano...
7 Pages(1750 words)Essay

Key Concepts of Counseling Psychology

Humans were born with the capacity to know and the freedom to choose between good and evil.  Given this freedom, we are responsible for our decisions, actions, and thoughts. Consequently, there is a need for therapy when an individual is unable or unwilling to accept personal responsibility for emotional problems.   We are not perfect therefore we make imperfect decisions. Therapy in this integrative approach attempts to get the client to live at peace with themselves in spite of mistakes. However, the level of peace depends on the extent to which one allows the environment to influence one’s inner world. Individuals, therefore, have the capability to improve themselves. Nonetheless, we have the tendency to develop...
6 Pages(1500 words)Assignment

The Act of Storing Food and Making Food

When corn was first discovered, people fell in love with how available it was, and how simple it was to just pick, husk, and eat. They were also pleased that they could store it and use it as needed when they needed to. It was a perfect grain for traveling pilgrims during those times. Without humans, corn could not survive, as it needed to be husked to drop its seeds.
In chapter two, it is learned how important the workings of a farm are to food production. Everything from the soil that plants and grains are grown in, to the machines used to produce items for cooking play huge roles in the larger scheme of things. Even the grain that is fed to the animals has to be the best kind, to produce the best meat for sale. Everything...
14 Pages(3500 words)Literature review

Project Risk Assessment: Qualitative Versus Quantitative Approach

The risks may vary in terms of nature or scope according to the situation. So since the risk is so common in project management, a very important aspect of managing a project is analyzing all the possible risks that are associated with that particular project. It makes no sense of going on with a project and not giving a thought to the risks that could affect the success. Once these risks are analyzed, the project manager will have all the possible risks in front of him. He will know the degree of risk and also the benefits that the organization will get if the risk is taken. Therefore only after a risk analysis, the project manager is in a position to conclude whether or not it is worth taking the risk and going on with a certain...
6 Pages(1500 words)Assignment

Financial Decision Making and Risk

...Financial Decision Making and Risk 1. Background Your company, a medium size manufacturing company is investigating the possibility of replacing its current sub-assembly line with an automated assembly cell. The new assembly cell will consist of five new robots, each one costing £32,000, with associated gripping devices costing total of £65,000. The roller tracking plus the assembly fixtures, etc. will cost an additional £15,000. However, the new cell will replace the existing sub-assembly line which currently requires eight fitters at a cost of £18,500 per annum each. It is estimated that the reduction in scrap/rework will save ad additional £5,000 per year. The new assembly cell will require three call programmer/operators who...
8 Pages(2000 words)Coursework

Decision Making in Health and Social Care

...DECISION-MAKING IN HEALTH AND SOCIAL CARE: ECONOMICS a) Why are market forces unsuitable for health service resource allocation? Refer in your answer to the problems of consumer sovereignty, agency, and health outcome measurement. Market forces, demand and supply, move in opposite directions with respect to price changes. When the price of a good is high the demand for it is less while the supply of it is greater. This is economic sense but nevertheless this positive economic statement about the predictable behavior of the consumer does not hold true when the demand patterns for Giffen and inferior goods are factored in. For instance when income, of the individual consumer, rises his demand for inferior goods such as potatoes...
8 Pages(2000 words)Case Study

The Relationship Between Security, Risk and Health in a Large Organisation

Managers in modern organizations tend to use appropriately customized policies – in accordance with their firms’ needs and resources (employees, funds, technology) available. The current paper focuses on the examination of the various aspects of security, risk, health and safety within large organizations; Particular emphasis is paid on the fact that the demands of each one of these factors may be differentiated under the pressure of the market conditions and the organizational priorities. The case of Shell in Nigeria has been used as an example in order to show the potential co-existence and interaction of these factors within a specific organizational environment. The measures required and the role of the security ma...
9 Pages(2250 words)Coursework

Risk Management in the Airline Industry

With revenues in excess of ₤9 billion and a fleet of 245 aircraft as of March 2009, Heathrow-based BA’s risk management strategies provide an excellent example.
b) easyJet Plc, a Low-Cost Carrier, flying to more than 100 destinations in Europe, UK, and Northern Africa, and clocking over 50 million seats, with revenues of ₤2.4 billion in 2007-08 [2]. Covering over 380 routes with a fleet of 165 aircraft as of September 2008, Luton-based easyJet’s risk management strategies provide another excellent example with a different set of policies.

The airline industry, internationally, is characterized by its exposure to substantial operational and financial risks. Financial risks result in uncertainly in key pa...
6 Pages(1500 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic The Psychology of Decision Making and Risk for FREE!

Contact Us