Summary: Researchers challenge the notion that rational thinking is the only path to good decision-making. Highlighting the limited role of rationality in our choices, the researchers emphasize the profound influence…
Category: decision making
Optimism Linked to Poor Decision-Making and Lower Cognitive Skills
Summary: While optimism is often celebrated, a new study reveals that excessive optimism can lead to poor decision-making, particularly in financial matters. The research shows that individuals with high cognitive…
ChatGPT’s Choices: Overload or Overjoyed? Decoding Decision Dynamics
Summary: Researchers delved into how ChatGPT influences user decision-making, focusing on the ‘choice overload’ phenomenon. This condition emerges when an individual is overwhelmed by numerous options, often leading to decision…