How do I remove the effect of cognitive biases on my decision making?
My current idea is to—one, train myself to recognize the points when biases may affect me; two, when making an important decision with a high cost or influence on my future, make the decision the ‘academic’ way.
Is this optimal? Do you have any better solutions?
Also, which book is better to use as a starting point - ‘Judgement in Managerial decision Making’, or ‘Judgement under Uncertainty’? Is ‘Thinking Fast and Slow’ worth spending time on compared to actively practicing the skill of recognizing biases that influenced your thinking during the day?
How do I remove the effect of cognitive biases on my decision making? My current idea is to—one, train myself to recognize the points when biases may affect me; two, when making an important decision with a high cost or influence on my future, make the decision the ‘academic’ way.
Is this optimal? Do you have any better solutions?
Also, which book is better to use as a starting point - ‘Judgement in Managerial decision Making’, or ‘Judgement under Uncertainty’? Is ‘Thinking Fast and Slow’ worth spending time on compared to actively practicing the skill of recognizing biases that influenced your thinking during the day?
Thank you.