logo image

Pygmalion Effect

Activity 1: In this activity, the decision concept demonstrated is that of the Pygmalion Effect. One characteristic of this theory is defining a condition based on a false premise. Based on the respondents’ answers to the scenarios presented to them, it was found out that they have biases against the Soviets not because of their policies but because of how their race seemed to the Americans. Activity 2: For the second activity, this was clearly a demonstration of the calibration theory, wherein the accuracy of the respondents’ answers were measured against the actual number of correct responses.

Activity 3: In the third activity, the Pygmalion Effect was again demonstrated. Majority of the respondents chose E and 4 in what was clearly an expectation and fulfillment scenario. They chose E and 4 because both satisfied the given conditions. Activity 4: The fourth activity demonstrates the Investment Trap theory. Majority of the second group, without knowing about the amount of investment, chose not to complete the project in light of a competitor’s more modern plane.

The second group’s ignorance of the total investment amount led them to decide against continuing the project. Question 2. These decision concepts imply that people make decisions based on

Need essay sample on "Pygmalion Effect"? We will write a custom essay sample specifically for you for only $13.90/page

factors known or unknown to them. Some people also make decisions based on preconceived ideas and notions about certain situations. These concepts also imply that our ways of making decisions are sometimes affected by biases and overconfidence.

Although overconfidence can lead to calibration errors, and the trap theory could provide flaws in important business decisions, I believe it’s the Pygmalion Effect that could have a potentially fatal result. For instance, during the period where slavery was a way of life for the African-American people, an all-white jury judging the case of a black slave would already have biases against the accused. These preconceived notions were there because it was part of society. The jury would have formed a decision even if the hearing had not started for the simple reason that the accused is black.

Read full document

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
×
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register
Signup & Access Essays

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
|
Complete Buyer Protection
|
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy