THE DANGER OF IRRATIONALITY IN THE DECISION-MAKING PROCESS: A REVIEW
Keywords:
Abstract
This review article examines the danger of irrationality in the decision-making process. Decision-making plays a vital role in various aspects of life, ranging from personal choices to professional decision-making in organizations. However, irrationality can significantly undermine the quality and outcomes of decisions. This review aims to explore the concept of irrational decision-making, highlight common biases and pitfalls that lead to irrational choices, and discuss the potential consequences of such decision-making processes. By synthesizing the existing literature, this review provides insights into the dangers of irrationality in decision-making and emphasizes the importance of promoting rational decision-making approaches.
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