•  

BusinessOER.com

Free, open-access business educational resources

Faulty Decision Making

No matter which decision-making model you use, it’s important to know and avoid the decision-making traps that exist. Daniel Kahnemann (another Nobel prize winner) and Amos Tversky spent decades studying how people make decisions. They found that individuals and groups are at risk of these challenges to effective decision making: Overconfidence Bias Overconfidence bias occurs when individuals overestimate their ability to predict future events. Many people exhibit signs of overconfidence. Read More

Mark’s Courses

Penn Highlands Community College
BUS110: Introduction To Business
BUS125: Management Principles
BUS206: Operations Management
ECO100: Macroeconomics
ACP100: Academic & Career Planning

Southern New Hampshire University
MKT113: Introduction To Marketing
MKT205: Applied Marketing Strategies
MKT229: Integrated Marketing Communications

CONTACT

Penn Highlands:
mparfitt@pennhighlands.edu

SNHU:
m.parfitt@snhu.edu

Phone/Text/Signal:
814-404-3144

  •  

All content on BusinessOER.com is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License except where indicated otherwise.
Proudly hosted in Pennsylvania at Pair Networks, Pittsburgh