COMMERCE 3S03 Lecture Notes - Fundamental Attribution Error, Problem Solving, Hasty Generalization
22 Apr 2013
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Document Summary
Most problem solving frameworks are simple in form and concept, but the trap is assuming simple understanding can substitute for the discipline of execution. Decision making is another area where true expertise involves knowing the traps that so frequently hinder sound judgement. Represents a collection of what we"ve learned about the world, without knowing we actually learned it. Intuition can be useful if we track what we have learned and under what circumstances that learning led to success so we can replicate it in the future. Unconscious biases we bring to bear on situations commonly influence our intuition. Inference is drawing a conclusion about something we don"t know based on things we do know. At the very bottom of the ladder; we observe or experience what people say and do. We adopt a belief about how the world works. Those adopted beliefs then influence how you see future events and the actions you take.
