making decision

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decision_making.docx

Qiannan Tao

03/21/2016

MGMT175

During the spring break, my friends and I went to Alaska for vacation. At the day we arrived Fairbanks, we decide to eat out. We went to a pretty nice restaurant named “Pump house”. The food was great, but it was pricey. We had a seafood appetizer for share, and an entrée for everyone. At the end of the dinner, we had a divergence on how to pay. Coco and Daisy wants to pay separate evenly only for appetizer and each individual pay their own entrée, which I think fair enough. Joana has the most expensive entrée among us, she prefer to pay separate evenly in order to make a less pay. I think Joana made up her decision by self-interest bias. Even though she might know that it is unfair to others, but she might rationalize it in order to make herself feel it is okay.