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1.Please watch the TED Talk video entitled "Dan Ariely asks, Are we in control of our decisions?" Reflect a little upon the video. Do you agree with
1.Please watch the TED Talk video entitled "Dan Ariely asks, Are we in control of our decisions?" Reflect a little upon the video. Do you agree with the basic premise that Dr. Ariely talks about? Please explain.
2. How does Dr. Ariely's talk relate to Herbert Simon's research on Bounded Rationality and Satisficing as talked about in the text? Please be specific.
3. Think of an important decision that you have made in the course of your life (deciding where to go to school, deciding what to major in, etc.). Was that decision a result of rational decision-making, bounded rationality, satisficing, or intuition? Please explain.
