Dan Gilbert offered this great TEDtalk in Australia about the following decision making formula from the Netherlands:
expected value = (odds of gain) x (value of gain)
….. explaining why we mostly make bad decisions, and there isn´t really much to add to it for me. Feel free today to watch it here: http://www.ted.com/talks/dan_gilbert_researches_happiness
If you have any thoughts to add as a comment, please make sure to post them for us – thank you.
BE A DECISION MAKER. BECOME OUTSTANDING.
rita jaskolla – Leadership Architect –