Blog entry by Orji Anyianuka

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by Orji Anyianuka - Sunday, 2 May 2021, 8:46 PM
Anyone in the world


Our biases are like traps in decision making, and the irony about them is that since they are ours, it paints a picture of someone working against himself. The good news however is that we can outsmart them.

What makes our biases such a difficult problem is that they come from our intuition which helps us in our decision making. So to know if our intuition is actually helping us make good decisions or jeopardizing our objectivity, we must test our gut feelings.

According to Jack B Soll, et al 2015, we are more vulnerable to biases when we are fatigued, stressed and multitasking. And one solution they suggest is to delegate and fight bias at the organizational level, using choice architecture to modify the environment in which decisions are made. 

However, when delegation is inappropriate for the problem, they suggest understanding where the biases are coming from - which is usually an excessive reliance on intuition and defective reasoning. When we understand where the biases are coming from, we should de-biase our decisions by broadening our perspectives on three fronts: how we think about the future, how we think about objectives and how we think about options. 



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[ Modified: Saturday, 12 June 2021, 5:02 PM ]