My proposed essay structure: (But please writer note that you don’t have to foll

Assignment Description

My proposed essay structure:
(But please writer note that you don’t have to follow this plan if you feel there’s a better way of answering. This is just a pointer because I would like the parts of Adapting the Pyramid of Decision Approaches Framework for Group Decision-Making and of Benefits and Limitations of the Extended Pyramid of Decision Approaches Framework to be longer than the others. Basically, for it to be more of a critical than descriiptive essay).
Introduction – 150 words
• Briefly introduce the Pyramid of Decision Approaches framework and its relevance to decision-making
• State the purpose of the essay and its structure.
Section 1: Overview of the Pyramid of Decision Approaches Framework – 200 words
• Summarize the main ideas and concepts presented in the report by Schoemaker and Russo (1994)
• Note that the Pyramid of Decision Framework shows where judgments come from
• Discuss the different levels of the pyramid and their characteristics. Go beyond my notes: Intuitive Judgments = Subconscious, hard to explain; Rules and shortcuts = Quick, but articulated and applied consciously; Importance Weighting = Step 1: identify factors and quantify them. Step 2: assign weights to factors. Step 3: multiply each factor by its weight; Value Analysis = Going beyond importance weighting by factoring in uncertainty of weights.
• Explain how the framework is useful for individual decision-making.

Section 2: Limitations of Individual Decision-Making and the Need for Group Decision-Making – 300 words
• Discuss the limitations of individual decision-making in certain contexts
• Explain why group decision-making is necessary in certain situations
• Highlight the challenges and complexities of group decision-making
• Mention the types of groups biases, their differences and similarities: The pressure to conform in groups can lead to poor decision-making through different mechanisms: Normative conformity: fear of rejection or exclusion from a group. Groupthink: fear of conflict or negative group atmosphere. Compliance: fear of being mistaken or standing out; herd mentality (Asch experiment in 1950s).
Section 3: Adapting the Pyramid of Decision Approaches Framework for Group Decision-Making – 600 words
• Discuss the modifications needed to extend the Pyramid of Decision Approaches framework for group decision-making
• Explain how the different levels of the pyramid can be applied to group decision-making
• Provide examples of how the framework can be used in a group decision-making context
• Mention this article when discussing how to extend Importance Weighting to group-work: https://www.sciencedirect.com/science/article/abs/pii/S1566253518303464
• These are my notes on that article: Decision maker weights show the importance or reliability of decision makers in solving the problem. The studies on determining the weights of the decision makers are limited. Therefore, it is required to determine the weights of decision makers to reflect their relative importance or contribution to the problem.
Section 4: Benefits and Limitations of the Extended Pyramid of Decision Approaches Framework – 600 words
• Discuss the advantages of using the extended framework for group decision-making
• Highlight any limitations or challenges in applying the framework to group decision-making
• Discuss any potential areas for further research or improvement of the framework
Conclusion – 150 words
• Summarize the main points of the essay
• Reiterate the importance of the Pyramid of Decision Approaches framework for decision-making in general and for group decision-making.
• Mention implications for future research.
I attach the paper this essay is based on:” Schoemaker, P. J., & Russo, J. E. (1994). A pyramid of decision approaches. In Decision theory and decision analysis: Trends and challenges (pp. 53-78). Springer, Dordrecht”. Also, I enclose the associated lecture notes.
The scoring criteria depends on: Sophisticated understanding and use of appropriate theories and concepts, Exceptional Argumentation, Impressive Originality, Exceptional Writing and Structure, and Excellent marshalling of evidence. Scholarly references are needed to defend arguments in more detail and argue for their validity, highlighting limitations as well as future research needed. It is, therefore, essential to use in-text scholarly and to include a reference list at the end of the assignment (http://blog.apastyle.org/apastyle/2011/01/writing-in-text-citationsin-apa-style.html).

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