Making smart choices: how to think about your whole decision problem: a proactive approach -- Problem: how to define your decision problem to solve the right problem -- Objectives: how to clarify what you're really trying to achieve with your decision -- Alternatives: how to make smarter choices by creating better alternatives to choose from -- Consequences: how to describe how well each alternative meets your objectives -- Tradeoffs: how to make tough compromises when you can't achieve all your objectives at once -- Uncertainty: how to think about and act on uncertainties affecting your decision -- Risk tolerance: how to account for your appetite for risk -- Linked decisions: how to plan ahead by effectively coordinating current and future decisions -- Psychological traps: how to avoid some of the tricks your mind can play on you when you're deciding -- The wise decision maker: how to make smart choices a way of life. Offers readers an easy-to-follow process to improve ways to make business decisions, family decisions, and personal decisions. Making smart choices is a fundamental life skill, relevant to anyone: managers, doctors, lawyers, teachers, students, parents, young, old. Your decisions will shape and influence the course of your professional career and the quality of your personal life—the ability to make good decisions is a key factor in determining whether you achieve your goals. To help you increase your chances of finding satisfying solutions, Smart Choices blends the art and science of decision making into a straightforward, proven approach for making tough choices. Smart Choices doesn't tell you what to decide; it tells you how. Authors Hammond, Keeney, and Raiffa, among the world's best-known experts on resolving complex decision problems, blend the art and the science of decision making into accessible steps that lead you to consider your choices both intuitively and analytically. Here, for the first time, is a flexible system that can be applied to business decisions, to personal decisions, to family decisions—to any decision you make.