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Pros And Cons Of Cognitive Biases

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The purpose of this leadership issue paper is to address the effects cognitive biases have on decision making, thus by stating the merits and demerits of cognitive biases as they pertain to management/leadership and healthcare. This leadership issue paper is organized using a systematic approach where the reader can distinctly identify the pros and cons of cognitive biases on decision making. It is the author’s belief that cognitive biases do more harm than help in the process of decision making. The paper includes four scholarly articles to support the author’s position with a recommendation and provide the reader with a perspective on the relationship between cognitive biases and decision making.

Introduction Faced with the imperfectability of decision making, researchers have sought to achieve an optimal way where people can make decisions if not perfect, at least that will deliver a better outcome. Whether it is a manager trying to hire people, a nurse/doctor trying to make a clinical decision, and or a lay person trying to decide what to eat for lunch we all decide in some shape way or form. One of the ways decision making can be affected is through cognitive biases. In general term, bias refers to “an inclination or prejudice for or against one person or group, especially in a way considered to be unfair” (Oxford English Dictionary). These inclinations are mostly driven …show more content…

To distinguish the pros and cons of cognitive biases, the biases should be dealt in a case by case scenario. However, there are groups that benefit from using the main cognitive biases, and those are the media, business marketing, and politicians. These groups play to the erroneous intuition that people usually depend on to make their

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