Judgement and decision making.

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Judgment and decision making are interrelated processes.

Judgement and decision making.

Framing effect

Decisions based on the framing effect are made by focusing on the way the information is presented instead of the information itself.

Frame

The perspective from which a choice is described or framed affects how a decision is made and which option is chosen.

Factors influencing decision making

Context

Information available

Level of education

Personality

Culture

Heuroistics

Representativeness Heuristic

Availability Heuristic

Anchoring Heuristic

Mental shortcuts that allow people to solve problems and make judgments quickly and efficiently.

Regret making a decision vs regret missing an opportunity

Judgemental person

Someone who often rushes to judgment without reason.

Judgement

The process by which you form opinions, reach conclusions, and make critical evaluations of events and people. You often make judgments spontaneously, without prompting.

Decision making

The process of choosing between alternatives, selecting and rejecting available options.