Essays on Decision

Entrepreneurs are often described as rational decision makers. For example, there is a continuing interest in examining the risk preferences of entrepreneurs and non-entrepreneurs. The evidence may not be exhaustive, but the activity of the initiative is usually analyzed using variables such as probabilities, results,…

In our daily life, we constantly evaluate the likelihood of possible future events in order to take decisions under uncertainty. However, we do not process the obtainable evidence in an objective and strictly realistic manner. Indeed, our reasoning is inherently subjective and contains systematic biases….

Jean-Paul Sartre once said, “I am condemned to freedom. I am not free because I can make choices, but because I must make them, all the time, even when I think I have no choice to make.” His play, No Exit, was written to critique…

As decisions are made – either individually or as a society – we constantly make trade-offs in order to get more of one thing by giving up another. A trade-off is when we choose one option in favor of another and the opportunity cost is…

Many times we see ourselves caught in the conflict of doing good or bad. We are forced to make decisions that make us doubt about our person. In the Boiler Room movie, Seth, a boy of only 19 years, after several setbacks and failures, proposed…

I have always been told that I have the same mischievous smile that my father has, that I am very intelligent like my mother, and a very happy person just like my grandfather was. Those are simply gestures and very particular things that are transmitted…

My decision to enter internal medicine is not mere a random one. It has been a result of many motivations and dedication to actually make a difference in this field and to excel in it even further. Firstly, I have always had the utmost respect…

Amaca Pty Limited v Latz; Latz v Amaca Pty Limited The largest asbestos compensation pay-out in Australian history has been handed down. This case was about an entitlement to damages, replicating the loss of a right to a superannuation pension and an age pension as…

According to Maynes (2016), the choice of decision that prompt consumer purchase is usually influenced by various economic factors. Thus, the desire to purchase different consumer goods, e.g., luxury goods, ordinary goods, normal goods, substitute and complement goods will vary depending on the price elasticity,…

Environmental Influence Does the environment you’re in influence the decisions you make? This is not a commonly asked question because the most logical answer is no, your choice are your choices. However imagine the two same scenarios, going down the stairs to the subway, but…

Greasy Lake written by T. Coraghessan Boyle is the tale of a young man completely living a life full of rebellion and loving it. He is brought to reality and the consequences of attempting to live the ‘bad life’. The ignorance of the main character…

The greatest gift we have been given is our ability to choose. Everyone is a passenger in this life, who chose which roads to follow on the continuous pathway. Life is not a straight path with a single direction. Maybe the most perplexing road that…

Abstract The development of information and communication technology at this time has touched all sides of life. Almost no side of human life is not touched by this information technology, which is more synonymous with the world of computerization. No exception also with the computerization…

Almost all human activities; working, playing, relaxing, involve groups. Most of us live out our lives around people and these connected relationships with others have a profound effect on our thoughts and feelings. People have a great need to belong and have a drive for…

This report will talk about the analysis of myself and then be mostly divided into two parts: self-reflection and plan. In the first part: self-reflection, I will analyze my deficiencies about the decision making for the first five weeks with some personal examples to put…