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The Role of Coin Flipping on Decision-making
In the picture presented to us, a man is teaching another man how to make decisions. In his opinion, coin flipping is the right process to make a decision. The picture is thought-provoking. Can we really make right decisions by flipping the coin My answer is: it depends.
Of course, coin tossing is a simple and unbiased way of settling a dispute or allocating something. It provides even odds to both sides involved, requiring little effort and preventing the dispute from escalating into a struggle. But when making some big decisions such as which university to choose or which way to invest, coin flipping is a rash decision. After all, when tossing the coin, we are only trying our luck and we ignore the fact that all decisions are made by humans themselves.
So, what makes a decision good First of all, your choice must fit in with your most positive emotions and avoid negative ones. Second, your decision must accord with your long-term goals. A random coin flipping can only help you with a small decision.
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