How can I make better decisions?

Answer: Get enough sleep.

Chronobiol Int. 2012 Feb;29(1):43-54.

Gambling when sleep deprived: don’t bet on stimulants.

Killgore WD, Grugle NL, Balkin TJ.

Abstract

Recent evidence suggests that sleep deprivation leads to suboptimal decision-making on the Iowa Gambling Task (IGT), a pattern that appears to be unaffected by moderate doses of caffeine. It is not known whether impaired decision-making could be reversed by higher doses of caffeine or by other stimulant countermeasures, such as dextroamphetamine or modafinil. Fifty-four diurnally active healthy subjects completed alternate versions of the IGT at rested baseline, at 23 and 46 h awake, and following a night of recovery sleep. After 44 h awake, participants received a double-blind dose of caffeine (600 mg), dextroamphetamine (20 mg), modafinil (400 mg), or placebo. At baseline, participants showed a normal pattern of advantageous performance, whereas both sleep-deprived sessions were associated with suboptimal decision-making on the IGT. Following stimulant administration on the second night of sleep deprivation, groups receiving caffeine, dextroamphetamine, or modafinil showed significant reduction in subjective sleepiness and improvement in psychomotor vigilance, but decision-making on the IGT remained impaired for all stimulants and did not differ from placebo. Decision-making returned to normal following recovery sleep. These findings are consistent with prior research showing that sleep deprivation leads to suboptimal decision-making on some types of tasks, particularly those that rely heavily on emotion processing regions of the brain, such as the ventromedial prefrontal cortex. Moreover, the deficits in decision-making were not reversed by commonly used stimulant countermeasures, despite restoration of psychomotor vigilance and alertness. These three stimulants may restore some, but not all, aspects of cognitive functioning during sleep deprivation.

Here is an article in Scientific American  describing a similar finding:

Short on sleep, the brain optimistically favors long odds

Read the original scientifuc article:

Sleep Deprivation Biases the Neural Mechanisms Underlying Economic Preferences

How can I make better decisions?

Answer: First, learn about your mind’s default settings and how you need to do some serious re-writing of the code!

Watch this eye-opening and disturbing video. Yale Professor, John Bargh, the leader  in priming research today, shows us we’re not the rational, aware decision-makers we like to think we are. Instead, we’re more like automatons a lot of the time, unconsciously responding to subtle cues in our environment in really dumb ways! After watching this video, you’ll never trust yourself to make a fully sane, rational decision again!

Unconscious behavioral guidance systems – John Bargh

(To skip the intro, watch from 2 minutes in. The video starts off a bit heavy-going and technical, but then quickly becomes rivetting. )

John Bargh provides links to all his recent key scientific papers. His 2008 paper, Free will is un-natural, is a must read. Print it off and take your time to absorb the message.

What can we do about this highly impressionable,unconscious side of ourselves?

Read this article: Changing your brain’s factory settings. The author, Eric Haseltine, suggests we need to become aware of our unconscious default brain settings and to consciously and effortfully over-write these default settings with something better!

It’s hard work being  rational!