Workshop on Decision Making Process and Canonical Biases in Risky Situations

Lucknow। Uttar Pradesh- The Department of Business Administration, in collaboration with Ashoka University as per MoU signed, successfully organized a workshop focusing on the intricacies of Decision Making Process and Canonical Biases in Risky Situations.

The event commenced with a warm welcome extended to Dr. Narges Hajimoladarish and her team by bouquet of flowers, setting a cordial atmosphere for the engaging discussions ahead Dr. Himanshu Mohan, with the Associate Professor (DOBA) then extended his welcome to the distinguished speaker and the enthusiastic participants.

Dr. Narges, delved into the  decision-making processes, drawing insights from real-life scenarios and addressing canonical biases prevalent in risky situations, the session commenced with an exploration of prospect theory which helps in decision making. With over 60 eager participants in attendance, the session provided a platform for robust discussions and exchange of ideas.

 Dr. Priya and Ms. Sushmita Mishra ensured the seamless execution of the workshop under the meticulous supervision of department head Prof. Sangeeta Sahu, ensuring that the objectives of the session were met effectively.

The workshop proved to be an enriching experience, fostering a deeper understanding of decision-making dynamics and equipping the participants with valuable insights to navigate through complex scenarios.