Decision Making
Judging risk, learning from outcomes, and knowing when to stop.
Lessons
- Choosing when you cannot knowWhat decision making under uncertainty is, the three tools that describe it (expected value, loss aversion, learning from feedback), and the three skills our decision games measure.
- What good decisions predictThe evidence linking decision tasks to real outcomes, from brain injury and addiction to loan repayment, and an honest account of how noisy these measures are.
- Where decisions are testedWhich game-based assessments, Indian recruiters and entrance exams test decision making, what each format looks like, and what assessors actually read from your choices.
- How to decide betterWhat the evidence says practice can and cannot change, seven decision habits that carry across tasks, and a four-week plan using our four decision games.
Game guides
- Card DecisionExactly how our four-deck task works and is scored, where it comes from, and a method for finding and keeping the profitable deck without paying for lessons you do not need.
- Balloon PumpHow our balloon risk task works and is scored, the research task behind it, and a stopping method for each balloon type that captures the value an ideal rule would bank.
- Money ExchangeHow our repeated split-the-pot game works and is scored, the ultimatum and dictator research behind it, and a method for accepting, proposing and managing a counterpart's trust in you.
- Trust GameHow our investment game works and is scored, the economics experiment behind it, the one-third rule that decides every send, and a method for reading partners who repay, exploit, alternate or reform.