Final answer:
Access to large amounts of information can negatively affect decision making when there is information overload, leading to confusion and hasty decisions. Prioritizing relevant and reliable information is essential to make informed choices.
Step-by-step explanation:
A situation in which having access to large amounts of information can have a negative impact on decision making is when there is information overload. This occurs when there is an overwhelming amount of information available, making it difficult to process and analyze effectively. For example, in the context of social media, constantly scrolling through news feeds and seeing conflicting opinions and information can lead to confusion and decision paralysis.
Another example is in the field of economics, where the rapid dissemination of information through society can create challenges. While economists prefer perfect information for making decisions, the speed and volume of information can cause information overload, leading to hasty and inaccurate decisions.
Ultimately, when faced with an excessive amount of information, it is important to filter and prioritize the most relevant and reliable information to make well-informed decisions.