Why do most people refuse a 10-yuan bet but risk their life savings to start a business? Why is it so difficult to end a failed project? What is going on in our minds when making decisions? What factors influence our choices?
Many of us believe that given enough knowledge, we can make rational and objective decisions—the "right" decisions. However, as Chris Black, the author of this book, said, like life and poker games, we often have to face unpredictable and crisis-ridden situations when making decisions, and correct actions may not always bring about the expected results.
"Decisions, Good and Bad: Making the Right Choice at Critical Moments" conducts a meticulous investigation into the complex mechanisms behind our decisions, and uses psychological knowledge, probability knowledge, and poker game skills to help us understand and learn the role of luck and judgment in decision-making, how we should make decisions amid changes, what biases and errors we have when making decisions, and how we can become better decision-makers.
Reader comments
The writing style of this book is easy to understand and the writing is smooth. The author uses various examples and research results to explain the complexity of decision-making in a simple and easy-to-understand manner. The author is very good at making abstract concepts concrete so that readers can understand them more easily. Moreover, the unique viewpoints in the book gave me a new understanding of decision-making. It is worth reading!
The writing style of this book is easy to understand and the writing is smooth. The author uses various examples and research results to explain the complexity of decision-making in a simple and easy-to-understand manner. The author is very good at making abstract concepts concrete so that readers can understand them more easily. Moreover, the unique viewpoints in the book gave me a new understanding of decision-making. It is worth reading!