The objective of this assignment is to demonstrate that you understand the key course concepts and reflect on your own decision making effectiveness. After completing the reading in Bazerman respond to the following questions:
In what ways is our rationality bounded? Discuss the aspects that are bounded in our judgment and how they are bounded.
What affects whether system 1 thinking or system 2 thinking will occur? What are the conditions which make the use of one system more likely than the use of the other?
How would you rate the accuracy of your own judgment? What are some personal strategies that you use to “calibrate” your judgment?
Do you think that you trend to approach decisions more with system 1 thinking or system 2 thinking? How might your “first instinct” approach serve you well? How might it pose a risk to effective decision making?
The response to each question should be at least a paragraph long. Assignment is in question and answer form, but general APA format requirements such as title page, reference list, and appropriate use of in-text citation to support assertions is required.