We learn in this module about some of the most common decision-making biases that get in the way when we try to optimize the outcomes of our decisions. Think of a time when you were a victim of one or more biases. What was the outcome? How might you bring about a different outcome if a similar experience occurred today? Support your comments by discussing one or more examples from the contemporary environment that parallel your experience. Cite at least one example from popular media (newspaper, radio, television, internet, or podcast, for example).
Post your initial response of at least 250 words early and check back often to continue the discussion. Be sure to respond to at least two posts from other students or your instructor. Your responses in the discussion board must be well written according to the CSU-Global Guide to Writing and APA (Links to an external site.). Finally, be sure to include in your initial post at least one reference using the CSU Library or other professional and scholarly references.
Optional: Interact with your instructor and classmates in a new way. Consider responding to this discussion using the classroom’s audio/video option below. If you choose this option, please record a 2-3 minute response to the discussion questions, and include your references in the text box before submitting your post. For further instructions, click on the audio/video instructions below.
Business Management and Administration Library Guide
A Library Guide is available via the following link to serve as a great resource in this course for you. The Library Guide provides a variety of pre-selected databases within the library that are designed to support this specific course. Be sure to use this link throughout the course to support your assignment and discussion board research efforts: Management Library Guide (Links to an external site.).
- Chapters 4 & 5 in Fundamentals of Management
- Altendorfer, K., Felberbauer, T., & Jodlbauer, H. (2016). Effects of forecast errors on optimal utilisation in aggregate production planning with stochastic customer demand. International Journal of Production Research, 1-18.
- Duska, R. (2017). Unethical behavioral finance: Why good people do bad things. Journal of Financial Service Professionals, 71(1), 25-28.
- Jones, & Sharpe. (2017). Cognitive bias modification: A review of meta-analyses. Journal of Affective Disorders, 223, 175-183.