UNRAVELING THE PERILS OF IRRATIONAL DECISION-MAKING

Authors

  • Babangida Akpabio Department of Public Administration, Mai Idris Alooma Polytechnic Geidam, Yobe State, Nigeria

Keywords:

Irrationality, Decision-making, Cognitive biases

Abstract

This study delves into the intricate landscape of irrational decision-making, shedding light on its profound impacts and underlying mechanisms. By examining various cognitive biases, emotional influences, and social factors, we uncover the perils of irrationality in the decision-making process across different domains. Through a comprehensive review of psychological theories and empirical research, we elucidate how irrational decision-making can lead to suboptimal outcomes, financial losses, and even systemic failures. Furthermore, we explore strategies and interventions aimed at mitigating the detrimental effects of irrationality, offering insights into fostering better decision-making in individuals and organizations.

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References

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Published

2019-09-04

How to Cite

Babangida Akpabio. (2019). UNRAVELING THE PERILS OF IRRATIONAL DECISION-MAKING. Journal of Applied Science and Social Science, 9(03), 01–05. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/111

Issue

Vol. 9 No. 03 (2019): Volume 09 Issue 03

Section

Articles

License

Copyright (c) 2019 Babangida Akpabio

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

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