App and Tip Sheet with Guidelines on Avoiding Disastrous Decisions

Description: This app and tip sheet with guidelines document helps you make the best decisions possible in cases where you have multiple options that each have strengths and weaknesses (informed by multiple-attribute utility theory). It should be used in cases where it’s worthwhile to spend some time and energy on a decision - where the decision is significant. A good rule of thumb for telling what is potentially significant is to see whether a decision falls into any of the following categories:

  • Major decision, such as moving to a new city, deciding on a career, hiring an employee, making a major investment in a new project, etc. 

  • Smaller one-time decisions about things you frequently interact with, such as choosing an office desk, a fitness program, a hobby

  • Small but habitual decisions, such as choosing a breakfast cereal to eat or the main source of office supplies for your workplace

The first part - the tip sheet - outlines the 7 steps for making wise decisions. The second part - the guidelines - goes through a couple of examples. The web app helps make the calculations on making good decisions easy.
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