Decision Making Using Signal Detection theory
Decisions can feel really difficult, and we face a lot of uncertainties. But we can't escape making choices- we make them almost every day, whether it is as mundane as which coffee brand to buy, or what to eat, or as serious as a medical professional making a tricky diagnosis from an X-ray for something as serious as a tumour. People may have to make choices between taking a cab or a bus during an important meeting, when they are trying to save money. These choices have one thing in common, which is a feeling of being uncertain (sometime more than the other) and this could become complicated by our own personalities, our life experiences and all the distractions surrounding us. It might make us wonder what our decision-making process is like for important decisions while being uncertain, and how we can understand ourselves and our choices better. When we have to choose between the bus and the cab, we may have to factor in our anxiety levels, our priorities (like saving ...