Thinking & Personal Effectiveness · Decision Making
A topic within Decision Making, itself one of 11 topics in that field and part of Thinking & Personal Effectiveness.
2 works
Jeff Bezos
Argues that most decisions are reversible two-way doors that should be made fast by small groups, and that treating them with the caution due to genuinely irreversible one-way door decisions slows an organisation down for no benefit.
link checked 17 Sept 2026Kenneth J. Arrow & Anthony C. Fisher
Shows that when a decision cannot be undone and future information will resolve some of today's uncertainty, the correct policy is more conservative than a standard cost-benefit calculation implies, because destroying an option destroys the value of waiting to learn.