Decision horizon
The decision horizon is the range of time, consequences and data that we take into account when making decisions.
Definition
A short decision horizon favors quick reactions and immediate relief, but may ignore delayed consequences. A long horizon helps see the effects of decisions over time, although it may increase complexity. Consciously selecting the horizon allows you to avoid both impulsivity and analysis paralysis.
Key ideas
Missing key ideas.
Practice and life
Common misunderstanding
Questions for self-reflection
No questions for self-reflection.
Sources
No sources.