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Improving Decision making in the Public - Essay Example

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This essay declares that Unending debates on whether the public can gain knowledge and expertise in decision making that positively influences the lives of residences has marked the 21st century. Different positions lie among psychiatrists and business scholars arean essential factor of our lives.  …
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Improving Decision making in the Public
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Improving Decision making in the Public

Download file to see previous pages... This study highlights that the instinctive portion, founded on the emotional instincts, is operational in the absence of conscious inclusion. Contrarily, rational thinking involves all situations requiring deliberative analysis. Unfortunately, the instinctive portion is comparatively stronger than its rational counterpart. As a result, people are tempted to use the instinctive portion even in situations requiring deliberate analysis. This is the reason behind the lack of capacity for individuals to make right decisions.This paper discusses that the public should be instructed by knowledge on decisions making, and use these knowledge while forming decisions. Studies show that knowledge on statistics improves the judgment of certainty and uncertainty, and it is important that this is implemented within education curriculum so that students’ decision making skills are sharpened. In addition, researchers found that exemplary numeracy skills significantly improve one’s ability to interpret real world situations. Decision making can be drastically improved by emphasizing these two educational approaches in educational programs, while authorities applying knowledge on decision making through improved statistical and numeracy skills. Scientific facts rule that we are incapable of altering our selves through the integration of new knowledge and skills to make only right decisions. Never-the-less, the use of libertarian paternalism, and application of the two educational approaches can improve decision making. ...Download file to see next pagesRead More
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