Final answer:
It is common for individuals to make decisions based on friend's advice that don't turn out as expected, particularly in social and purchasing situations. Degrees of imperfect information affect these decisions, and choices involving significant life changes require careful consideration and advice.
Step-by-step explanation:
Experiences where you make a decision based on a friend's offer of help, only to find it wasn't what you wanted, are common. We often face these situations when choosing to purchase items or selecting activities with friends, where our expectations might not align with the reality or with our friends' contributions. For example, when eating out with friends and dealing with a bill that has not been covered fully, we experience the practical implications of our decisions.
Imperfect information can impact our decision-making process, leading to outcomes that differ from our expectations. For instance, when buying items like apples at a roadside stand, a used laptop at a garage sale, or ordering flowers over the internet, the degree of imperfect information varies and affects our satisfaction with the purchase. Moreover, these decisions highlight how power dynamics within a group can influence the decision-making process and outcomes.
Ultimately, when faced with choices of significant consequence, such as career moves or big-ticket purchases, it is vital to carefully consider, weigh pros and cons, and perhaps seek advice. If hurried or without complete information, as in the case of returning a borrowed car without knowing the correct fuel to use, the decisions we make can become moral dilemmas that test our judgement and values.