CHAPTER 9
Linked Decisions
MANY IMPORTANT DECISION PROBLEMS REQUIRE you to select now among alternatives that will greatly influence your decisions in the future. Your choice of a college major, for example, may strongly influence your future career options. Such decisions are linked decisions—to make the smartest choice about what to do now, you need to think about what you might decide to do in the future.
All decisions affect the future, of course. Karen’s decision, at the end of the last chapter, to take the settlement offer in her lawsuit will obviously affect her future options and opportunities. But those will be essentially new decision situations. The kinds of decisions we want to talk about here involve a necessary connection between ...
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