In the first four units, you have been introduced to several managerial decision-making concepts. For this journal, you will reflect on several of them.
Part I: Recall a time when you experienced a winner’s curse. Perhaps you purchased something for what you thought was a great price but quickly (or later) realized it was not. Perhaps the quality was lower than you thought it was. ?
What were your feelings at the time of the purchase when it seemed like such a good deal? Compare your initial feelings to what you felt later when realizing that it was not what you thought.?
Part II: In Chapter 6, you were introduced to the footbridge dilemma, where it prompted you to make a choice of pushing one person in front of a trolley to stop the trolley in order to save the five people farther up the line on the track. What would you do in this situation? What would your motivations be? How would your emotions affect your decision??
Your combined response must be at least two pages in length. No references are necessary.
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