Making Decisions Under Uncertainty

Decisions are hard enough when we know exactly what’s at stake and what might happen, but so often we have to make decisions without having all of the information. This course is for anyone faced with needing to make tough calls under uncertain conditions. you'll learn a model for decision-making that you can easily apply to any situation to illustrate and contextualize possible outcomes. you'll also develop a deeper understanding of the psychology of decision-making, including the gap between how you usually think about past poor decisions, and how you should really be thinking about them. Your professor, Michael Shermer, PhD, a noted science writer, publisher, and a New York Times best selling author, will walk you through how to apply the decision-making matrix to some of your toughest real-life situations. These include large money management questions and intensely personal decisions such as who — or even if — to marry. By the end of this course, you'll have several strategies to improve your decision-making process, along with one very big realization about decisions: that it’s okay to sometimes make the wrong one.