Irrational and Rational Decision Making
What is irrational and rational decision making? Well first to understand what each on is individually, I believe that you should know what each word means separately. So according to meriam-webster. com, rational means, “having reason or understanding” (Rational, 2009) while irrational means, “not endowed with reason or understanding. ” (Irrational, 2009). Lastly but not least, from the Encarta. msn. com/dictionary, decision making, is “the process of making choices or reaching conclusions, especially on important political or business matters. ” So what do all those definitions mean to you?
To me, by these definitions, rational decision making is when a person has reason or understanding in reaching a certain conclusion and just the opposite of that is irrational decision making, when a person is not able to come to a conclusion without reason or understanding. The differences are clearly stated, such as not having any reasons. versus having a reason for a conclusion For example, if the tiles are muddy, the most rational thing to do is to mop the tiles. Your reason is that the tiles are muddy. I think that an irrational thing for a person to do is to sweep the tiles.
If there is mud on tiles, it’s not the same as having sand on the tiles. The mud is wet therefore you would use a mop instead of a broom. With the broom, you could pick up dry particles such as sand. It would just make more sense, rather than using a broom to sweep mud when all you will be doing is pushing around something that is wet. Decision that was Once Reviewed to be “Rational” but Now is “Irrational” Back in the early 1700 and 1800’s, arranged marriages were part of the traditional and cultural beliefs that many families went through.
Order custom essay Irrational and Rational Decision Making with free plagiarism report
450+ experts on 30 subjects
Starting from 3 hours delivery
Though arranged marriages happened in the United States, it was most likely to take place in the Southern States. Now, in the present day, though arranged marriages still happen in some cultures around the world, it is an irrational decision. (Decision, 2008) Explanation why it Would be Considered “Irrational” Today It was considered to be rational back then because it “was the thought to keep the blood lineage of an aristocratic family line to stay pure. ” In order to make marriage agreements, there is sometimes certain business arrangements that were involved.
Things such as, land, money, property, and or social status were used in order to make a marriage, other than what we presently do, which is to fall in love with a person. Now, in the present, most have the ability to choose the person they want to marry. (Arranged, n. d. ) Decision Theory Used I think the decision theory that was used in the original decision making is Satisficing. “The theory postulates that decision makers compare these calculations and choose the course of action that maximizes expected utility. (Plous, 1993).
In the earlier years, parents of children, made the decision to arrange their future marriages in hopes of receiving or being able to make a deal with another family. They chose a path in their lives which would then satisfy their needs and wants. When doing so, their choice is far from being actually favorable. Instead of being able to marry someone you love and of your choice, back then, there were no opinions whether or not a person wanted to marry another. It was like you were born in order for the option of your parents to be able to make a deal with another family, just to get something out of having a child.
Because arranged marriage is what was ideal for certain cultures, it turned into a custom that children soon taught their children and so on. Just because you were taught and brought up learning something, doesn’t necessarily mean that it’s always favorable for both you and your parents. To your parents, it could mean getting money, or being richer in a way, and to you, it could mean having nothing at all, no option. You are just put in a situation where you, as a child had no say in. References Arranged Marriage. (n. d. ). Retrieved February 18, 2009, from http://www. youth information. com/Templates/Internal. sp? NodeID=90221 Decision Making. (2008). Retrieved February 18, 2009, from http://encarta. msn. com/ dictionary_1861688906/decision-making. html Irrational. (2009). Retrieved February 18, 2009, from http://www. merriamwebster. com/dictionary/irrational Rational. (2009). Retrieved February 18, 2009, from http://www. merriamwebster. com/dictionary /rational Plous, S. (1993). The psychology of judgment & decision making, New York, McGraw Hill The History of Arranged Marriages in America. (2008). Retrieved February 18, 2009, from http://www. associatedcontent. com/article/787875/the_history_of_arranged
Cite this Page
Irrational and Rational Decision Making. (2018, Feb 08). Retrieved from https://phdessay.com/irrational-and-rational-decision-making/
Run a free check or have your essay done for you
