How to make rational decisions, according to a psychologist and philosopher
Briefly

How to make rational decisions, according to a psychologist and philosopher
"What's the big idea? There is no such thing as a calculator for life's decisions. Try as we might to quantify, count, and calculate in search of the "right" choice, that is simply not how wise decision-making happens. Qualitative judgment and consideration of preferences and values are required when identifying the best option before us. Listen to the audio version of this Book Bite-read by Barry-below, or in the Next Big Idea App."
"Imagine waking up on a beautiful Saturday morning and asking yourself, What should I do today? You consider the possibilities: get some exercise, go for a hike, go to a lovely park with a serious book under your arm, catch up on work, veg out, and watch sports on television. Or maybe, instead of thinking about what you might do, think about what we might do."
There is no algorithmic calculator for life's decisions; numerical calculation cannot by itself yield wise choices. Wise decision-making requires qualitative judgment along with attention to personal values and preferences. Decision situations often involve many plausible activities and social options that must be sorted by relevance, feasibility, and importance. Rational choice theory frames decisions in terms of option value and the probability that outcomes will match expectations. Under uncertainty, assessment of both value and likelihood guides choices, but such assessments interact with qualitative considerations and social commitments that resist purely quantitative computation.
Read at Fast Company
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