The strongest decision
The strongest decision
Till now many will not really know in
full, what it mean to decide never to depend on others for survival.Not to
depend on one source of income. Man felt the highest frustration when
dissapointed by people who gave us their words,
and failed at last. When delay in expected inflow. But no decide not to
depend in any human being for survival, only be open to receive,accept any
possible help. Decide to support and give necessary assistance to human
progress.This is where I want to belong.
Reflections
None of my targets in life include
being better than any other human! That would serve me no useful purpose!
When I think about another man, it is
how I can love him more, forgive more, point to heaven more, help achieve goals
and objectives more. When I put other humans in my plan, it is how I can
contribute more to their strive to survive.
I am at peace because I am competing
against me, banking on God for favour to make me a better version of me, every
day, every year!
Ways to make better decisions
Decisions, decisions! Our lives are
full of them, from the small and mundane, such as what to wear or eat, to the
life-changing, such as whether to get married and to whom, what job to take and
how to bring up our children. We jealously guard our right to choose. It is
central to our individuality: the very definition of free will. Yet sometimes
we make bad decisions that leave us unhappy or full of regret. Can science
help?
Making good decisions requires us to
balance the seemingly antithetical forces of emotion and rationality. We must
be able to predict the future, accurately perceive the present situation, have
insight into the minds of others and deal with uncertainty.
Most of us are ignorant of the mental
processes that lie behind our decisions, but this has become a hot topic for
investigation, and luckily what psychologists and neurobiologists are finding
may help us all make better choices. Here we bring together some of their many
fascinating discoveries in the New Scientist guide to making up your mind.
1 Don’t fear the consequences
Whether it’s choosing between a long
weekend in Paris or a trip to the ski slopes, a new car versus a bigger house,
or even who to marry, almost every decision we make entails predicting the
future. In each case we imagine how the outcomes of our choices will make us
feel, and what the emotional or “hedonic” consequences of our actions will be.
Sensibly, we usually plump for the option that we think will make us the
happiest overall
This “affective forecasting” is fine
in theory. The only problem is that we are not very good at it. People
routinely overestimate the impact of decision outcomes and life events, both
good and bad. We tend to think that winning the lottery will make us happier
than it actually will, and that life would be completely unbearable if we were
to lose the use of our legs. “The hedonic consequences of most events are less
intense and briefer than most people imagine,” says psychologist Daniel Gilbert
from Harvard University. This is as true for trivial events such as going to a
great restaurant, as it is for major ones such as losing a job or a kidney.
A major factor leading us to make bad
predictions is “loss aversion” – the belief that a loss will hurt more than a
corresponding gain will please. Psychologist Daniel Kahneman from Princeton
University has found, for instance, that most people are unwilling to accept a
50:50 bet unless the amount they could win is roughly twice the amount they
might lose. So most people would only gamble £5 on the flip of a coin if they
could win more than £10. Yet Gilbert and his colleagues have recently shown
that while loss aversion affected people’s choices, when they did lose they
found it much less painful than they had anticipated (Psychological Science,
vol 17, p 649). He puts this down to our unsung psychological resilience and
our ability to rationalise almost any situation. “We’re very good at finding
new ways to see the world that make it a better place for us to live in,” he
says.
So what is a poor affective
forecaster supposed to do? Rather than looking inwards and imagining how a
given outcome might make you feel, try to find someone who has made the same
decision or choice, and see how they felt. Remember also that whatever the
future holds, it will probably hurt or please you less than you imagine.
Finally, don’t always play it safe. The worst might never happen – and if it
does you have the psychological resilience to cope.
“Whatever the future holds it will
hurt or please you less than you imagine”
2 Go with your gut instincts
It is tempting to think that to make
good decisions you need time to systematically weigh up all the pros and cons
of various alternatives, but sometimes a snap judgement or instinctive choice
is just as good, if not better.
In our everyday lives, we make fast
and competent decisions about who to trust and interact with. Janine Willis and
Alexander Todorov from Princeton University found that we make judgements about
a person’s trustworthiness, competence, aggressiveness, likeability and
attractiveness within the first 100 milliseconds of seeing a new face. Given
longer to look – up to 1 second – the researchers found observers hardly
revised their views, they only became more confident in their snap decisions (Psychological
Science, vol 17, p 592).
Of course, as you get to know someone
better you refine your first impressions. It stands to reason that extra
information can help you make well-informed, rational decisions. Yet
paradoxically, sometimes the more information you have the better off you may
be going with your instincts. Information overload can be a problem in all
sorts of situations, from choosing a school for your child to picking a holiday
destination. At times like these, you may be better off avoiding conscious
deliberation and instead leave the decision to your unconscious brain, as
research by Ap Dijksterhuis and colleagues from the University of Amsterdam in
the Netherlands shows (Science, vol 311, p 1005).
They asked students to choose one of
four hypothetical cars, based either on a simple list of four specifications
such as mileage and legroom, or a longer list of 12 such features. Some
subjects then got a few minutes to think about the alternatives before making
their decision, while others had to spend that time solving anagrams. What
Dijksterhuis found was that faced with a simple choice, subjects picked better
cars if they could think things through. When confronted by a complex decision,
however, they became bamboozled and actually made the best choices when they
did not consciously analyse the options.
Dijksterhuis and his team found a
similar pattern in the real world. When making simple purchases, such as
clothes or kitchen accessories, shoppers were happier with their decisions a
few weeks later if they had rationally weighed up the alternatives. For more
complex purchases such as furniture, however, those who relied on their gut
instinct ended up happier. The researchers conclude that this kind of
unconscious decision-making can be successfully applied way beyond the shopping
mall into areas including politics and management.
But before you throw away your lists
of pros and cons, a word of caution. If the choice you face is highly emotive,
your instincts may not serve you well. At the American Association for the
Advancement of Science meeting in San Francisco this February, Joseph Arvai
from Michigan State University in East Lansing described a study in which he
and Robyn Wilson from The Ohio State University in Columbus asked people to
consider two common risks in US state parks – crime and damage to property by
white-tailed deer. When asked to decide which was most urgently in need of
management, most people chose crime, even when it was doing far less damage
than the deer. Arvai puts this down to the negative emotions that crime
incites. “The emotional responses that are conjured up by problems like
terrorism and crime are so strong that most people don’t factor in the
empirical evidence when making decisions,” he says.
3 Consider your emotions
You might think that emotions are the
enemy of decision-making, but in fact they are integral to it. Our most basic
emotions evolved to enable us to make rapid and unconscious choices in
situations that threaten our survival. Fear leads to flight or fight, disgust
leads to avoidance. Yet the role of emotions in decision-making goes way deeper
than these knee-jerk responses. Whenever you make up your mind, your limbic
system – the brain’s emotional centre – is active. Neurobiologist Antonio Damasio
from the University of Southern California in Los Angeles has studied people
with damage to only the emotional parts of their brains, and found that they
were crippled by indecision, unable to make even the most basic choices, such
as what to wear or eat. Damasio speculates that this may be because our brains
store emotional memories of past choices, which we use to inform present
decisions.
Emotions are clearly a crucial
component in the neurobiology of choice, but whether they always allow us to
make the right decisions is another matter. If you try to make choices under
the influence of an emotion it can seriously affect the outcome.
Take anger. Daniel Fessler and
colleagues from the University of California, Los Angeles, induced anger in a
group of subjects by getting them to write an essay recalling an experience
that made them see red. They then got them to play a game in which they were
presented with a simple choice: either take a guaranteed $15 payout, or gamble
for more with the prospect of gaining nothing. The researchers found that men,
but not women, gambled more when they were angry (Organizational Behavior and
Human Decision Processes, vol 95, p 107).
In another experiment, Fessler and
colleague Kevin Haley discovered that angry people were less generous in the
ultimatum game – in which one person is given a sum of money and told to share
it with an anonymous partner, who must accept the offer otherwise neither gets
anything. A third study by Nitika Garg, Jeffrey Inman and Vikas Mittal from the
University of Chicago found that angry consumers were more likely to opt for
the first thing they were offered rather than considering other alternatives.
It seems that anger can make us impetuous, selfish and risk-prone.
Disgust also has some interesting
effects. “Disgust protects against contamination,” says Fessler. “The initial
response is information-gathering, followed by repulsion.” That helps explain
why in their gambling experiments, Fessler’s team found that disgust leads to
caution, particularly in women. Disgust also seems to make us more censorious
in our moral judgements. Thalia Wheatley from the National Institutes of Health
in Bethesda, Maryland, and Jonathan Haidt from the University of Virginia, used
hypnosis to induce disgust in response to arbitrary words, then asked people to
rate the moral status of various actions, including incest between cousins,
eating one’s dog and bribery. In the most extreme example, people who had read
a word that cued disgust went so far as to express moral censure of blameless
Dan, a student councillor who was merely organising discussion meetings
(Psychological Science, vol 16, p 780).
All emotions affect our thinking and
motivation, so it may be best to avoid making important decisions under their
influence. Yet strangely there is one emotion that seems to help us make good
choices. In their study, the Chicago researchers found that sad people took
time to consider the various alternatives on offer, and ended up making the
best choices. In fact many studies show that depressed people have the most
realistic take on the world. Psychologists have even coined a name for it:
depressive realism.
4 Play the devil’s advocate
Have you ever had an argument with
someone about a vexatious issue such as immigration or the death penalty and
been frustrated because they only drew on evidence that supported their
opinions and conveniently ignored anything to the contrary? This is the
ubiquitous confirmation bias. It can be infuriating in others, but we are all
susceptible every time we weigh up evidence to guide our decision-making.
If you doubt it, try this famous
illustration of the confirmation bias called the Wason card selection task.
Four cards are laid out each with a letter on one side and a number on the
other. You can see D, A, 2 and 5 and must turn over those cards that will allow
you to decide if the following statement is true: “If there is a D on one side,
there is a 5 on the other”.
Typically, 75 per cent of people pick
the D and 5, reasoning that if these have a 5 and a D respectively on their
flip sides, this confirms the rule. But look again. Although you are required
to prove that if there is a D on one side, there is a 5 on the other, the
statement says nothing about what letters might be on the reverse of a 5. So
the 5 card is irrelevant. Instead of trying to confirm the theory, the way to
test it is to try to disprove it. The correct answer is D (if the reverse isn’t
5, the statement is false) and 2 (if there’s a D on the other side, the
statement is false).
The confirmation bias is a problem if
we believe we are making a decision by rationally weighing up alternatives,
when in fact we already have a favoured option that we simply want to justify.
Our tendency to overestimate the extent to which other people’s judgement is
affected by the confirmation bias, while denying it in ourselves, makes matters
worse (Trends in Cognitive Sciences, vol 11, p 37).
If you want to make good choices, you
need to do more than latch on to facts and figures that support the option you
already suspect is the best. Admittedly, actively searching for evidence that
could prove you wrong is a painful process, and requires self-discipline. That
may be too much to ask of many people much of the time. “Perhaps it’s enough to
realise that we’re unlikely to be truly objective,” says psychologist Ray
Nickerson at Tufts University in Medford, Massachusetts. “Just recognising that
this bias exists, and that we’re all subject to it, is probably a good thing.”
At the very least, we might hold our views a little less dogmatically and
choose with a bit more humility.
“Searching for evidence that could
prove you wrong is a painful process”
5 Keep your eye on the ball
Our decisions and judgements have a
strange and disconcerting habit of becoming attached to arbitrary or irrelevant
facts and figures. In a classic study that introduced this so-called “anchoring
effect”, Kahneman and the late Amos Tversky asked participants to spin a “wheel
of fortune” with numbers ranging from 0 to 100, and afterwards to estimate what
percentage of United Nations countries were African. Unknown to the subjects,
the wheel was rigged to stop at either 10 or 65. Although this had nothing to
do with the subsequent question, the effect on people’s answers was dramatic.
On average, participants presented with a 10 on the wheel gave an estimate of
25 per cent, while the figure for those who got 65 was 45 per cent. It seems
they had taken their cue from the spin of a wheel.
Anchoring is likely to kick in
whenever we are required to make a decision based on very limited information.
With little to go on, we seem more prone to latch onto irrelevancies and let
them sway our judgement. It can also take a more concrete form, however. We are
all in danger of falling foul of the anchoring effect every time we walk into a
shop and see a nice shirt or dress marked “reduced”. That’s because the
original price serves as an anchor against which we compare the discounted
price, making it look like a bargain even if in absolute terms it is expensive.
What should you do if you think you
are succumbing to the anchoring effect? “It is very hard to shake,” admits
psychologist Tom Gilovich of Cornell University in Ithaca, New York. One
strategy might be to create your own counterbalancing anchors, but even this
has its problems. “You don’t know how much you have been affected by an anchor,
so it’s hard to compensate for it,” says Gilovich.
6 Don’t cry over spilt milk
Does this sound familiar? You are at
an expensive restaurant, the food is fantastic, but you’ve eaten so much you
are starting to feel queasy. You know you should leave the rest of your
dessert, but you feel compelled to polish it off despite a growing sense of
nausea. Or what about this? At the back of your wardrobe lurks an ill-fitting
and outdated item of clothing. It is taking up precious space but you cannot
bring yourself to throw it away because you spent a fortune on it and you have
hardly worn it.
The force behind both these bad
decisions is called the sunk cost fallacy. In the 1980s, Hal Arkes and
Catherine Blumer from The Ohio State University demonstrated just how easily we
can be duped by it. They got students to imagine that they had bought a weekend
skiing trip to Michigan for $100, and then discovered an even cheaper deal to a
better resort – $50 for a weekend in Wisconsin. Only after shelling out for
both trips were the students told that they were on the same weekend. What
would they do? Surprisingly, most opted for the less appealing but more
expensive trip because of the greater cost already invested in it.
The reason behind this is the more we
invest in something, the more commitment we feel towards it. The investment
needn’t be financial. Who hasn’t persevered with a tedious book or an
ill-judged friendship long after it would have been wise to cut their losses?
Nobody is immune to the sunk cost fallacy. In the 1970s, the British and French
governments fell for it when they continued investing heavily in the Concorde
project well past the point when it became clear that developing the aircraft
was not economically justifiable. Even stock-market traders are susceptible,
often waiting far too long to ditch shares that are plummeting in price.
“The more we invest in something the
more committed we feel to it”
To avoid letting sunk cost influence
your decision-making, always remind yourself that the past is the past and
what’s spent is spent. We all hate to make a loss, but sometimes the wise
option is to stop throwing good money after bad. “If at the time of considering
whether to end a project you wouldn’t initiate it, then it’s probably not a
good idea to continue,” says Arkes
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