Quotes About Decision-making

One of the things that price consultants have learned is that what consumers say and what they do are not the same thing.

When people are given three prices (think of those for small, medium, and large coffee), and they have no strong preference, they tend to pick the "middle" price. Morgan

Authentic humans don't show the perfect, chessmaster appreciation of consequences that von Neumann's theory demands. Instead, decision makers resort to heuristics, or mental shortcuts, to arrive at quick, intuitive choices.

Flipping the gains to losses flips the types of behavior. When losses are likely, reckless gambles become acceptable (lower left cell).

The trouble is, these four domains of behavior coexist in all of us. A person who is risk-averse in one situation will turn reckless in another. All it takes is a changed reference point.

It was like pulling the strings on a marionette. Huber and Puto found they could make the students want one beer or the other, just by adding a third choice that few or no one wanted.

Cowardice asks: Is it safe? Expediency asks: Is it politic? But Conscience asks: Is it right?

In June of 1944, when Field Marshal von Rundstedt, the German commander in France, was told that the Allies were landing in Normandy, he knew exactly what to do. He went out into the garden and pruned his roses. Von Rundstedt knew that in war, early reports, regardless of whether the news is good or bad, are usually misleading. Reacting to them with instant analysis merely makes the problem worse.

She cried a little, but only inside, because long ago she had decided she didn't like crying because if you ever started to cry it seemed as if there was so much to cry about you almost couldn't stop, and she didn't like that at all.

It is too rash, too unadvis'd, too sudden;Too like the lightning, which doth cease to beEre one can say it lightens.

Let every eye negotiate for itself and trust no agent.

Between two hawks, which flies the higher pitch;Between two dogs, which hath the deeper mouth;Between two blades, which bears the better temper;Between two horses, which doth bear him best;Between two girls, which hath the merriest eye;I have perhaps, some shallow spirit of judgment;But in these nice sharp quillets of the law,Good faith, I am no wiser than a daw.

Never give reasons for what you think or do until you must. Maybe after a while, a better reason will pop into your head.

Trzeba si? pilnowa?, bo inaczej ani si? cz?owiek obejrzy, a ju? zaczyna ka?dego ?a?owa? i w ko?cu nie ma komu w mord? da?

The Yale president must be a Yale man. Not too far to the right, too far to the left or a middle-of-the-roader. Ready to give the ultimate word on every subject under the sun from how to handle the Russians to why undergraduates riot in the spring. Profound with a wit that bubbles up and brims over in a cascade of brilliance. You may have guessed who the leading candidate is, but there is a question about him Is God a Yale man

General Crook had said when a reporter asked him what was the hardest thing about fighting Indians. Replied Three Stars, "Knowing you're wrong." Lieutenant

Pause before making your next big decision. Look around and notice the slight irregularities of the ceiling, the texture of brick underfoot, the feel of your knee bending and straightening, and the slight shifts of sensation in your shoulders, stomach, neck, and face. You can't really explain why, but when you widen your neurological contact with the world in this way you feel stronger, wiser, and more creative—and you choose more wisely.

After he wrote The Paradox of Choice, Schwartz got fervent amens from European governments as well as individual readers for insisting that the management of your focus has become one of decision-laden modernity's major challenges. Many behavioral economists and social psychologists also share his concern about what he calls "the consequences of mis-attention.

As the poet W. H. Auden put it, "Choice of attention—to pay attention to this and ignore that—is to the inner life what choice of action is to the outer. In both cases, a man is responsible for his choice and must accept the consequences, whatever they may be.

You can always count on Americans to do the right thing - after they've tried everything else.

Many forms of Government have been tried, and will be tried in this world of sin and woe. No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of Government except all those others that have been tried from time to time.

Indeed, it has been said that democracy is the worst form of Government except all those others that have been tried from time to time.

Americans always try to do the right thing after they've tried everything else.

Nothing is more dangerous in wartime than to live in the temperamental atmosphere of a Gallup Poll, always feeling one's pulse and taking one's temperature.