People who make decisions based on emotion and justify those decisions with logic afterwards are poor decision makers.
Write a response in which you discuss the extent to which you agree or disagree with the statement and explain your reasoning for the position you take. In developing and supporting your position, you should consider ways in which the statement might or might not hold true and explain how these considerations shape your position.
Homo sapiens are intrinsically emotional creatures that have garnered higher intelligence to make better decisions. The conflict between the left sided brain and the right sided brain represent a power struggle between the decision maker. According to research by Noble Prize Winner in Economics Daniel Kahneman, the brain makes decisions on the short term sometimes over the long term rational thinking. Decisions based on emotion is easier and faster than the strategic decision. Therefore, individuals often justify their passion driven choices with a logical, retrospective justification ex post facto. The optimal decision makers will aggregate the advantages of emotional processes and logical reasoning to become better decision makers.
A timid stockholder may tergiversate over divesting his/her holdings prior to an economic shock. According to research from the University of Chicago, erudite scholars extrapolated that the amygdala activates in fear when news sources portend price changes and instability in the markets. On average, approximately 60% of American investors will vacillate between selling their portfolio into liquid assets despite short term capital taxation or other divestment penalties. When considering these economic costs on the whole and the history of market performance, it would behoove this majority to be stolid among this uncertainty. Moreover, Warren Buffet posits that investing is often 80% emotion over 20% logic. Nevertheless, most investors are swayed by this emotional stress and adjust their portfolio based on this uncertainty. After the fact, individuals will often justify through the logical framework that they would have lost more money if they had not acted so brusquely.
A gambler in Las Vegas drowned in spirits, flashing lights, and beautiful women will often place overconfident bets at the expense of disproportionate losses. Casinos often heighten factors that would inhibit calculated gambling and increase physiological responses that would elicit riskier gambling. For example, the casino will facilitate free alcohol, scandalously clad women, and a vibrant ambiance to attract the unsuspecting victims. The customers will then make irrational decisions like betting all on red despite insurmountable odds and high potential losses. They will often justify their decisions made in the moment by quoting "When in Vegas" . Some individuals will even express buyer's remorse over their losses but will rationalize these prior decisions under the guise of entertainment.
Another example of a person making a decision under emotion is an individual making financial decisions after a death of a family member. Often, individuals will cope with grief by spending superfluous amounts of money on shopping. Other times the individual will sell their house or make career choices when under the influence of depression. According to research from the Behavioral Science Lab at Duke, individuals will make riskier decisions 20% more likely when depressed. After the fact, these individuals will justify their actions logically by attributing the phenomenon to other factors. Suddenly, that individual did need clothes, the housing market was tumultuous, or that career transition was a longstanding consideration. However, these decisions under grief represent similar emotional decisions made under uncertainty or lower inhibition. The grievers would benefit from avoiding these magnanimous decisions during this turbid process.
In conclusion, it is difficult to avoid emotional influence during the decision process. Oftentimes, humans justify these decisions with a logical framework for self-serving bias. Kahneman quoted himself despite over 30 years of research in prospect theory that he himself fails to account for emotional factors despite holding these considerations close. Optimal decision makers will utilize this knowledge to improve when possible.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-12-22 | yashincontrol | 50 | view |
| 2019-12-01 | GREprep021219 | 79 | view |
| 2019-11-26 | rajeshrawal | 50 | view |
| 2019-11-25 | amusnakate | 33 | view |
| 2019-11-07 | Hitzee | 50 | view |
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Grammar and spelling errors:
Line 1, column 267, Rule ID: NOBLE_PRIZE[1]
Message: Did you mean 'Nobel Prize'?
Suggestion: Nobel Prize
...cision maker. According to research by Noble Prize Winner in Economics Daniel Kahneman, th...
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Line 2, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ning to become better decision makers. A timid stockholder may tergiversate ove...
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Line 2, column 995, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ney if they had not acted so brusquely. A gambler in Las Vegas drowned in spirit...
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Line 3, column 625, Rule ID: IN_THE_MOMENT[1]
Message: Did you mean 'at the moment' (=currently)?
Suggestion: at the moment
...will often justify their decisions made in the moment by quoting 'When in Vegas' . ...
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Line 3, column 675, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Don't put a space before the full stop
Suggestion: .
...ent by quoting 'When in Vegas' . Some individuals will even express buy...
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Line 3, column 714, Rule ID: POSSESIVE_APOSTROPHE[1]
Message: Possible typo: apostrophe is missing. Did you mean 'buyers'' or 'buyer's'?
Suggestion: buyers'; buyer's
...; . Some individuals will even express buyers remorse over their losses but will rati...
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Line 4, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ions under the guise of entertainment. Another example of a person making a dec...
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Line 5, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
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... decisions during this turbid process. In conclusion, it is difficult to avoid ...
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Transition Words or Phrases used:
but, however, if, may, moreover, nevertheless, so, then, therefore, for example, in conclusion, on the whole
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 9.0 19.5258426966 46% => More to be verbs wanted.
Auxiliary verbs: 21.0 12.4196629213 169% => OK
Conjunction : 15.0 14.8657303371 101% => OK
Relative clauses : 15.0 11.3162921348 133% => OK
Pronoun: 39.0 33.0505617978 118% => OK
Preposition: 79.0 58.6224719101 135% => OK
Nominalization: 16.0 12.9106741573 124% => OK
Performance on vocabulary words:
No of characters: 3362.0 2235.4752809 150% => OK
No of words: 573.0 442.535393258 129% => OK
Chars per words: 5.86736474695 5.05705443957 116% => OK
Fourth root words length: 4.89258810929 4.55969084622 107% => OK
Word Length SD: 2.91454615186 2.79657885939 104% => OK
Unique words: 321.0 215.323595506 149% => OK
Unique words percentage: 0.560209424084 0.4932671777 114% => OK
syllable_count: 1052.1 704.065955056 149% => OK
avg_syllables_per_word: 1.8 1.59117977528 113% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 6.24550561798 96% => OK
Article: 9.0 4.99550561798 180% => OK
Subordination: 4.0 3.10617977528 129% => OK
Conjunction: 3.0 1.77640449438 169% => OK
Preposition: 7.0 4.38483146067 160% => OK
Performance on sentences:
How many sentences: 31.0 20.2370786517 153% => OK
Sentence length: 18.0 23.0359550562 78% => The Avg. Sentence Length is relatively short.
Sentence length SD: 30.6090789277 60.3974514979 51% => The essay contains lots of sentences with the similar length. More sentence varieties wanted.
Chars per sentence: 108.451612903 118.986275619 91% => OK
Words per sentence: 18.4838709677 23.4991977007 79% => OK
Discourse Markers: 3.48387096774 5.21951772744 67% => OK
Paragraphs: 5.0 4.97078651685 101% => OK
Language errors: 8.0 7.80617977528 102% => OK
Sentences with positive sentiment : 10.0 10.2758426966 97% => OK
Sentences with negative sentiment : 16.0 5.13820224719 311% => Less negative sentences wanted.
Sentences with neutral sentiment: 5.0 4.83258426966 103% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.219515885803 0.243740707755 90% => OK
Sentence topic coherence: 0.0666068095809 0.0831039109588 80% => OK
Sentence topic coherence SD: 0.063083439332 0.0758088955206 83% => OK
Paragraph topic coherence: 0.142214540273 0.150359130593 95% => OK
Paragraph topic coherence SD: 0.0693216204765 0.0667264976115 104% => OK
Essay readability:
automated_readability_index: 15.5 14.1392134831 110% => OK
flesch_reading_ease: 36.28 48.8420337079 74% => OK
smog_index: 8.8 7.92365168539 111% => OK
flesch_kincaid_grade: 12.7 12.1743820225 104% => OK
coleman_liau_index: 16.77 12.1639044944 138% => OK
dale_chall_readability_score: 10.04 8.38706741573 120% => OK
difficult_words: 200.0 100.480337079 199% => OK
linsear_write_formula: 9.0 11.8971910112 76% => OK
gunning_fog: 9.2 11.2143820225 82% => OK
text_standard: 9.0 11.7820224719 76% => OK
What are above readability scores?
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Rates: 66.67 out of 100
Scores by essay e-grader: 4.0 Out of 6
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.