Paralysis by Analysis

The video discusses a scenario where an individual struggles to make decisions due to excessive analysis, a form of cognitive bias. This bias stems from a fear of making incorrect decisions, leading to inefficiency and ineffectiveness. The focus on understanding every detail impairs performance and decision-making abilities.

In what ways can the fear of making the wrong decision lead to inefficiency?

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Explain how cognitive bias can impair performance in decision-making.

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