https://padlet.com/cparcells/lcn7i36xdks4 Made with a lightning strike of genius en-us 2018-12-17 05:07:08 UTC 2023-04-16 21:20:43 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Growing.png cparcells https://padlet.com/cparcells/lcn7i36xdks4/wish/315052880 What are common “errors” in decision-making?

• Performance Pressure paradox: High stakes and pressure can lead a team to stop using time and resources as effectively as they should. E.g. they don't deliberate enough (Gardner, 2012)

]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052880 https://padlet.com/cparcells/lcn7i36xdks4/wish/315052881 “The process of making choices among alternatives with the intention of moving toward some desired state of affairs (Shull, Delbecq and Cummings, 1970).”]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052881 chris_aiken https://padlet.com/cparcells/lcn7i36xdks4/wish/315052882  Neuroeconomics is an interdisciplinary field that seeks to explain human decision making, the ability to process multiple alternatives and to follow a course of action. It studies how economic behavior can shape our understanding of the brain, and how neuroscientific discoveries can constrain and guide models of economics.^[1]

Read More: https://en.wikipedia.org/wiki/Neuroeconomics

]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052882 chris_aiken https://padlet.com/cparcells/lcn7i36xdks4/wish/315052883 It's glorious!]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052883 cparcells https://padlet.com/cparcells/lcn7i36xdks4/wish/315052884 Gardner, 2012

• High stakes and pressure in a project can cause a team to stop using time and resources as effectively as they should
• Pressure leads to anxiety and team members to become more risk-averse, perhaps leading them to fall back into a "safe" zone rather than being more innovative
• Could reduce amount of information being shared, deferring to authority, prioritizing consensus over productive deliberation

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Decision by Lack of Response (“plop”)

Decision by Formal Authority

Decision by Self-Authorization or Minority

Decision by Majority Rule

Decision by Unanimous Consent

Decision by Consensus

See articles and notes here: https://drive.google.com/drive/u/1/folders/1pSEAqlc3S9hZi7xF4ak1X8uXTwj933cZ?usp=drive_open

]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052885 cparcells https://padlet.com/cparcells/lcn7i36xdks4/wish/315052886

Groupthink: preserve harmony, concurrence seeking, strong group cohesion

Originally used to analyze political decision-making during a crisis when something went wrong

Janis proposed 8 symptoms of Groupthink: see notes in the folder for details

Original research did not take into consideration other aspects of group dynamics such as choice shifts (e.g. the “risky shift”) and group polarization. Not all about cohesion ('t Hart, 1991)

See articles and notes here: https://drive.google.com/open?id=16e22LMXdmqgbx-fGLyyiqPnsgxQoCzJw

]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052886 cparcells https://padlet.com/cparcells/lcn7i36xdks4/wish/315052887 Are there any differences that gender, ethnicity or culture have in decision-making processes?

• Women might be less willing to take risk. Those (men or women) who are more willing to take risks could be more likely to take the lead in a group and thus influence outcomes (Deng & Ji, 2014)

]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052887 cparcells https://padlet.com/cparcells/lcn7i36xdks4/wish/315052888 Are there any differences that gender, ethnicity or culture have in decision-making processes?

• Greater diversity in a group brings more viewpoints, increase deliberation, stay more objective and encourage greater scrutiny around each other's actions and biases, as well as increase creativity. (Rock & Grant, 2016)

What are common “errors” in decision-making?

• In Groupthink - prioritizing harmony or concurrence over deliberation of opposing viewpoints

]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052888 cparcells https://padlet.com/cparcells/lcn7i36xdks4/wish/315052889 What is the difference between agreement and consent?

• Consent doesn’t necessarily mean agreement. Silence can mean consent or dissent depending on the form of decision making. E.g. “Plops” or Decision by Lack of Response: silence signifies lack of agreement or Self-Authorization/Minority: silence is considered consent. (Schein, 2006, 297); 

What are common "errors" in decision-making?

• Voting can create coalitions (Schein, 2006, 300) or create premature perceptions of consensus without deliberating alternatives.

Speed vs. Quality

•  Majority Rules might lead to faster decisions than Consensus (Taylor et al., 2013), but less discussion takes place.
• Group size impacts how easily (or if at all) a consensus can even be reached (Taylor et al. 2013) 

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Emotional contagion is more of an automatic, subconscious process that happens through nonverbal cues and mimicry, interpersonal contact

Negative stimuli has a stronger responses than positive ones. Additionally, delivered with higher energy, there will be even more contagion than if with low energy.

Why is this important? People in more positive moods can lead to greater cooperation, more goodwill, less group conflict

For articles, see here: https://drive.google.com/drive/u/1/folders/1da49K_0t6MzpKaYowe_VqUBengRdYlT9

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Individuals are influenced by group discussion and may shift their decision based on the group. One can also be influenced by whoever speaks before them ("mere-exposure effect")

Stoner (1961) posited that group decisions are riskier than private, individual ones, known as the “risky shift”. Or sometimes, group decisions are more cautious than individual depending on the circumstances.

2 major mechanisms impacting choice shifts: social comparison processes - constantly processing information in how to present themselves (Sanders & Baron, 1977) and persuasion (Burnstein & Vinokur, 1977)

For articles and notes, see here: https://drive.google.com/drive/u/1/folders/1GLqjpQnWpWRh4H-LzxSeO81WFvrn411P

]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052891 chris_aiken https://padlet.com/cparcells/lcn7i36xdks4/wish/315052892  Read More: https://www.weforum.org/agenda/2016/10/everything-you-need-to-know-about-neuroeconomics/

]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052892 chris_aiken https://padlet.com/cparcells/lcn7i36xdks4/wish/315052893 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052893 chris_aiken https://padlet.com/cparcells/lcn7i36xdks4/wish/315052894 Figure 1: Diagram of the hypothesized interactions involved in buying decisions
Read More: https://michael-deppe.de/human-reward-system-neuroeconomics/]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052894 chris_aiken https://padlet.com/cparcells/lcn7i36xdks4/wish/315052895 Peruse to your hearts content!]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052895 chris_aiken https://padlet.com/cparcells/lcn7i36xdks4/wish/315052896 Journals include:
= JNeurosci
= eNeuro
= NQ
= Nexus]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052896 chris_aiken https://padlet.com/cparcells/lcn7i36xdks4/wish/315052897 How expressed emotional ambivalence elicits dominance in interdependent decision-making]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052897 chris_aiken https://padlet.com/cparcells/lcn7i36xdks4/wish/315052898 Expressed emotional ambivalence and negotiation outcomes]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052898 cparcells https://padlet.com/cparcells/lcn7i36xdks4/wish/315052899 To fill in]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052899 cparcells https://padlet.com/cparcells/lcn7i36xdks4/wish/315052900 To fill in]]> 2018-12-17 05:07:08 UTC https://padlet.com/cparcells/lcn7i36xdks4/wish/315052900