1. What are the 'decision traps' we
1. What are the 'decision traps' we all fall into?
1. What are the 'decision traps' we all fall into?
Decision traps are biases or misjudgment that we make when making decisions. Some of the traps that we usually fall into include anchoring trap, status quo trap, sunk-cost trap, confirming-evident trap, framing trap, forecasting/estimate traps.