Making decisions – Sequence of
Gambles
Sequence of Gambles
Consider the choice among pairs of
casino gambles that are the staple of the most basic studies of decision making
then think about an important personal decision how good is the analogy between
gambling choice and your decision situation. Is life really a sequence of
gambles?
a. Identify the decision.
b. Discuss the analogy between the
gambling choice and your decision situation. Provide, at a minimum, three
constructive points.
c. State your position regarding
this statement: Is life really a sequence of gambles?
d. Provide three constructive
statements supporting your decision.
This is comparing gambling to a
personal decision.
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