Hidden Traps in Decision-Making

Thanks for watching our video about the hidden trips in Decision-making!

The framing trap occurs when we misstate a problem, undermining the entire decision-making process. The overconfidence trap makes us overestimate the accuracy of our forecasts. The prudence trap leads us to be overcautious when we make estimates about uncertain events.

How to Avoid these 3 Hidden Traps of Decision Making – For You and Your Clients
1. Don't Make the Mistake of Anchoring Your Questions.
2. Think Carefully About Choosing to Maintain the Status Quo.
3. Consider the Way You Frame Decision-Making Conversations.

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