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Cognitive Biases in High-Stakes Decision-Making: Implications for Joint Pediatric Cardiology and Cardiothoracic Surgery Conference.

Authors :
Daily, Joshua A.
Dalby, Stephen
Greiten, Lawrence
Source :
Pediatric Cardiology. Mar2024, p1-8.
Publication Year :
2024

Abstract

Extensive research has consistently demonstrated that humans frequently diverge from rational decision-making processes due to the pervasive influence of cognitive biases. This paper conducts an examination of the impact of cognitive biases on high-stakes decision-making within the context of the joint pediatric cardiology and cardiothoracic surgery conference, offering practical recommendations for mitigating their effects. Recognized biases such as confirmation bias, availability bias, outcome bias, overconfidence bias, sunk cost fallacy, loss aversion, planning fallacy, authority bias, and illusion of agreement are analyzed concerning their specific implications within this conference setting. To counteract these biases and enhance the quality of decision-making, practical strategies are proposed, including the implementation of a no-interruption policy until all data is reviewed, leaders refraining from immediate input, requiring participants to formulate independent judgments prior to sharing recommendations, explicit probability estimations grounded in base rates, seeking external opinions, and promoting an environment that encourages dissenting perspectives. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01720643
Database :
Academic Search Index
Journal :
Pediatric Cardiology
Publication Type :
Academic Journal
Accession number :
176175544
Full Text :
https://doi.org/10.1007/s00246-024-03462-4