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Author Question: What possible error in judgment can come about by the misapplication of the Loss and Risk Aversion ... (Read 125 times)

nmorano1

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on: Jun 19, 2018
What possible error in judgment can come about by the misapplication of the Loss and Risk Aversion Heuristic?
 
  What will be an ideal response

Question 2

What possible error in judgment can come about by the misapplication of the Elimination by Aspect Heuristic?
 
  What will be an ideal response


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ryansturges

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Reply #1 on: Jun 19, 2018
Answer to Question 1

Paralysis of decision making, stuck in the deteriorating status quo.

Answer to Question 2

Failure to give due and full consideration to all the viable options.


nmorano1

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Reply 2 on: Jun 19, 2018
Thanks for the timely response, appreciate it

marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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