Discuss in a 200 words each:
Question 1
Conduct an Internet and literature search on the topic of joint versus separate preference reversal. Discuss your findings. In your discussion compare and contrast joint and separate preference reversal.
Question 2
Conduct an Internet and literature search on the topic of the expected-value decision rule. Discuss your findings. In your discussion, review how the expected-value decision rule played a part in a recent decision you made.
Question 3
Conduct a literature and an Internet search on the topic of the Challenger space shuttle disaster. Discuss how the decisions made that fateful day may have been influenced by framing on the part of both the NASA engineers and the engineers at Morton-Thiokol. Cite at least two sources besides your textbook.
Question 4
Discuss your attitude about certainty, uncertainty, and risk when making decisions. How has your attitude helped or hindered your ability to make rational decisions?
References
Bazerman, M. H., & Moore, D. A. (2009). Judgment in managerial decision making (7th customed.). Hoboken, NJ: Wiley