Cultivating wisdom through metacognition: A new frontier in decision-making under radical uncertainty
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In an uncertain world, traditional decision-making models and wisdom cultivation methods fall short. Emulating exemplars or relying on mental shortcuts and habits may help in some situations but often fail with ill-defined problems and transformative decisions. We propose that cultivating metacognition—the ability to reflect on and regulate one's thoughts, goals, and emotions—is key to navigating these challenges. Metacognitive strategies like intellectual humility, perspective-taking, and open-mindedness help individuals discern complex situations, consider multiple viewpoints, and adapt their decision-making. Though not a cure-all, metacognition represents a promising frontier in cultivating wisdom. Insights from philosophy, psychology, and contemplative traditions suggest a range of interventions to foster metacognitive skills and enhance wise decision-making amid radical uncertainty. We call for a paradigm shift in how we approach judgment and decision-making, inviting researchers and practitioners to explore the untapped potential of metacognition in navigating life’s most complex challenges.