Question

Would you flip a coin for the chance of winning two dollars? What if you were given a dollar and offered the chance to flip a coin to either gain a second dollar or lose the first? Which wager seems more appealing—the first or the second?

Far more people choose the first wager than the second. Both scenarios have exactly the same probability of outcomes: a 50% chance of ending up with nothing, and a 50% chance of ending up with two dollars. Why might the first wager appeal to people? Do we always make the best possible decision?

Impediments are factors that can hinder decision making. While they often vary by situation, common impediments exist that might influence decision making in general.

In this Discussion, you explain a difficult decision you have made. You also describe impediments that you faced when making this decision, as well as common decision-making impediments.

With these thoughts in mind:

Post a brief description of a recent difficult decision you made between two or more alternatives.

Then explain the nature of two impediments that you faced in making the decision.

Finally, describe two common impediments to optimal decision making.

Answer 1

Post a brief description of a recent difficult decision you made between two or more alternatives.

Everyone in life faces some sort of difficulties at one point, but they overcome it. However, one such decision which I made in my life created a problem. After completing my master's degree I started to work, and since then I am working and I have completed two years. My family forced me to apply for another course side by side and even I also wanted to do. I took admission and started studying again, and I am also working. Doing both things.

Then explain the nature of two impediments that you faced in making the decision.

However, after taking the admission, one though clicked my mind and I was questioning my self that how would I study and work at the same time.

Then I thought, I should just leave my admission and continue my work or I should just quit my work and continue my studies, it was a dilemma for me.

Although, I faced hell lot of problem when I took the decision for further studies. Everything was changed. The college authorise has asked me to submit my all documents since my school time. This was the impediment I faced. I had left my school 9 years ago, I was not sure that I would have all the documents or not. But I took the risk and submitted the form for admission. But some of the documents were missing, so the college authorities gave me some time to get those documents. Which was next to impossible. And this broke me, and I couldn’t concentrate on my work, my sleep and health were affected. The admission process was too hectic for me. But in the end, I got the admission.

Finally, describe two common impediments to optimal decision making.

Two common impediments which can lead to decision making could be, if you lose the hope you will surely fail and if you cannot work hard for your goals for your desire than you can not make a decision. There could be many factors which can led to impediments to decision making but these two are my opinion.