On my previous post I wrote about some of the basics of Decision Making from a Cognitive Psychology perspective. This post will be about the Expected Utility Model which offers a guide on how we make rational decisions.
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| Decisions, decisions. |
Another very important cognitive function that is studied in Cognitive Psychology is Decision Making. We make decisions every day and a lot of the time we don't even realize that there is a decision being made.
Decision: A choice among possibilities. It involves the assessment of the courses of action available.
Any situation that we would consider to be decision consists of alternatives, beliefs, and consequences.
This is an interesting post I read on a fellow Psychology blogger website. Source: youshouldreadmyblog
The dark side of having a psychology degree may surprise you, perhaps because psychology is used in everyday life by more than just the people professionally trained in that field. We use psychology to communicate with others, to make smarter decisions, and to see beneath the surface of things. But it comes with its downsides.
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