Emotions in Decisions
In this video, Prof. Baba Shiv of Stanford University speaks to the importance of emotion in decision making, particularly as related to confidence. After watching this video, reflect on two situations; one, in which you were extremely confident of the outcome and what your attitude was towards the subject; and second, a situation in which you were less confident or not so confident of the outcome. Based on this module's readings and this video write a reflection blog detailing the situations above and describing the role emotion played in decision making. Include what emotional reactions you experienced for each scenario. Shiv (2011) discusses emotion can influence the wanting system in the brain, or the release of dopamine from the brain, that comes from potential decisions and the subsequent benefits and effort that is to be expended. From a personal standpoint, I can confirm Shiv’s assessment, as I was highly motivated in the role of purchasing new flight planning ...