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Real estate example.

From "Smart Choices" by John Hammond Here is a real estate example from "Smart Choices" "Darlene and Drew started with an overly narrow problem definition: ‘‘How do we renovate?’’ Their trigger was the need for additional space to accommodate the new baby. At the...

Psychological Traps

From Howard Raiffa's "Smart Choices" Psychological Traps "By familiarizing yourself with them and the diverse forms they take, you’ll be better able to ensure that the decisions you make are sound and reliable. The best protection against these traps is awareness."...

Key takeaways from “Smart Choices”

From Howard Raiffa's book "Smart Choices" Key takeaways from "Smart choices" "The only way to really raise your odds of making a good decision is to learn to use a good decision-making process—one that gets you to the best solution with a minimal loss of time, energy,...

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