Informed Decisions facts

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After a Federal Reserve interest rate decision in 2013, trades were registered in the Chicago stock market within 2 milliseconds of the announcement. These trades were later found to be insider trading, as this information would take 7 milliseconds to reach Chicago at the speed of light.

how to make informed decisions?

In 1973 science historian James Burke predicted the widespread use of computers for business decisions, the creation of metadata banks of personal information, and changes in human behaviour, such as greater willingness to reveal personal information to strangers

What is making informed decisions?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what informed parker's musical decisions while improvising. Here are 13 of the best facts about Informed Decisions Podcast and Informed Decisions Group I managed to collect.

what are informed decisions?

1. About the "Anchoring Bias," the tendency to use initially presented information to make subsequent decisions. It is a widely studied psychological phenomenon, useful in salary negotiation, haggling, and sales.

2. Female investors consistently outperform males over the long term because the produce less testosterone (so they take less risks) and take more time and require more information before making decisions and are seemingly immune to the euphoria that engulfs most male traders during volatile market

3. If you know multiple languages, you're better able to control your reactions and focus in unexpected or new situations. This makes you better in handling the flow of information, thus affecting logic and decision-making.

4. One downfall to democracy is the potential for voters to make decisions based on poor information or total ignorance.

5. Ghana was one of the richest in Africa at the time of independence in 1957. By 1965, it had become virtually bankrupt due to massive corruption and the centralization of decision-making in the hands of its leader, who often signed multimillion-dollar contracts without informing anyone

6. Researchers have found that within a hoarders' brain, the section of the brain for decision making of conflicting information is hyperactive, resulting in them having trouble with making the decision whether to keep or throw away belongings.

7. "Focalism", a type of bias in which humans rely too heavily on the first information presented when making decisions.

8. Met Éireann, the Irish Meteorological Service, supplied the Allies with weather information despite Ireland's neutrality in the Second World War. The decision to go ahead with the D-day landings was made following a favourable weather report from them.

9. The number inside the recycling logo on plastic products are used to indicate the type of plastic the product is made of, which is supposed to consumers make more informed decisions related to their health and recycling

10. The Federal Emergency Management Agency (FEMA) has a program called HAZUS which supports risk-informed decision making efforts by estimating potential losses from earthquakes, floods and hurricanes and visualizing the effects of such hazards

Why is it important to be informed when making consumer decisions?

You can easily fact check why must strategic decisions be well informed by examining the linked well-known sources.

The Beatles' album Revolver was described by music journalist Carol Clerk as having been "decisively informed by acid"