Can you take this difficult decision ?

Excellent analogy - but think of it this way (might help):

The many children playing on the track in use knew that it was active and were on the lookout for approaching trains from either direction so easily warned each other and kept out of harm's way. the single child playing on the disused track was blissfully oblivious to the sarrounding since he knew there was nothing to look out for!!!!

Situational awareness and heightened perception to danger can mostly avert any catastrophe

Thanks Joydeep. Wonderful piece !

Great.  Congratulations for the post.  One extra thought though...We need not think that the train is likely to run over the majority.  We have a driver whose job is to keep a watch and stop the train.  No time is end of road.  I strongly believe in this.  Also, believe in professionals.  In this case, the driver is the expert and professional

Thank you so so much :)

Dear Mr. Murthy, You have come out with a good point. You have to think a lot before making decisions especially on the effect of your decision on the overall objective, your peers and team. Further we need to think about whether the decision does some value addition to the whole system. 

In the above example, if a person rightly thinks that the track on which one kid is playing is a nonoperative one and the other kids who are playing on the active track might know about the risk associated, he'll not change the system. Also another person who does not care about the system also does the same thing!! 

Situations like this usualy don't arise in real life situations I believe, since decisions sciences deal basicaly with 1) decisions of certainity 2) decisions under uncertainity. A country and its processes are designed for citizens to make 1)rational choices providing apriori rational outcomes which is called 'near foreseeability' of outcomes.

There exists decision making tools canned and ready to use for all situaitons of certainity and for uncertainity one uses probability theory to generate as much certainity, equity and fairnes so that rational outcomes are expected. Game theory and Decisions sciences with Operations research are certain decisons subjects one can choose from also may be probability theory and stochastic process.

The case presented is hypothetical to the extent that all the players are assumed to be rational, the chils playing rationalises that the train won't pass through his chosen track while the rest rationalises that when the driver blows the whistle they can clear the track.

There is a philosophical root too for this type of decisions, while the question arises whether the players are choosing 1)extreme pleasure or 2) fear of negative outcomes tantamount to 'sublime'. The former players tend to be neurotic analysis of which is purely in the relm of psychology while the latter can be analysed through Decision sciences and psychology.

Yes everybody makes mistakes.  But one should learn from his/her mistakes & should not repeat the same mistake.  Thanks Kriti.

Good one! Thank you Kirti.

 Although there wasn't a decision left to be made!

Very good story it is. thank you for posting. But decision cannot be taken in this case, as we have thought of the result also.