MGT 422 Module 2 Discussion Decision Making Bias Videos
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MGT 422 Module 2 Discussion Decision Making Bias Videos
Discussion
Topic
Most of the sources in the
background materials are library textbook chapters or journal articles. In
general, these sources are considered much more credible than various random
webpages that you will find online. When finding an online source, you need to
carefully consider the credibility of the source. Factors to consider include
the credentials of the person who wrote the materials, whether this person is
trying to sell you something, and of course you also need to use your own
intuition as to whether or not a source seems credible.
Your task for this
discussion is to go to YouTube or videos.google.com and find a video that
explains cognitive/heuristic biases covered in the background materials such as
confirmation bias, overconfidence bias, etc. Use word searches such as
“decision-making biases,” “heuristic biases,” “overconfidence, anchoring,
framing, confirmation bias,” and similar searches. You should find many videos,
but the difficult part will be to try to find a video that is A) relevant to
the topics covered in the module, B) from a credible source, and C) easy to
understand and follow.
To find a video from a very
credible source, look at a video from Nobel Prize winner and heuristic bias
expert Daniel Kahneman. Credible yes, but I can’t guarantee you will stay awake
during the video. So see if you can also find a video from a source that
appears credible but and has information consistent with the background
material readings but also keeps you awake and helps you understand the
different types of decision-making biases.
Share the link with your
classmates and explain why you think the video is both useful and credible, and
which biases from the background materials the video helps explain.
Also, watch at least one
other video posted by your classmates and share your thoughts on this video.
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