research on judgment and decision-making

Research on judgment and decision-making explores how people evaluate options and make choices, often influenced by cognitive biases, emotions, and social factors. It examines why we sometimes make errors, such as overestimating risks or favoring immediate rewards, even when better long-term options exist. This field aims to understand the mental processes behind decision-making and identify ways to improve judgment, whether in everyday life, business, or policy. By studying these patterns, researchers help develop strategies to support better choices and reduce mistakes caused by flawed reasoning.