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Description:
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Includes descriptive metadata provided by producer in MP3 file: "Owen Graduate School of Management - Podcasts - Featured Research: Effects of Complexity on Decision-Making - Mike Shor, Assistant Professor of Management (Strategy and Business Economics)." Shor notes that the more options available, the harder decision-making becomes. Multiple choices become overwhelming and lead to poor decisions. Research also indicates that age impairs decision making. He uses examples of restaurant menus and Medicare Part D plans. Default options and structuring decision making into tiers have shown to be helpful. |
