In a previous post, we considered three of seven "irrational" habits of highly rational people. Here we consider the remaining four, as well as some suggestions for distinguishing the genuinely ...

Warner Bros. Discovery CFO Gunnar Wiedenfels enraged strikers with remarks about the company's cost savings in an earnings call. (Photo by David Livingston/Getty Images) As Warner Bros. Discovery’s ...

In today’s fast-paced business environment, making well-informed decisions quickly is a crucial skill for leaders. Understanding different models of decision-making can provide you with the tools to ...

Loïc Berger receives funding from the Agence Nationale de la Recherche (ANR) under the project INDUCED (ANR-17-CE03-0008-01). Loïc Berger is associate researcher at the European Institute on Economics ...

Values-based decision making differs substantially from more traditional, top-down models of decision making in that everyone in an organization has a part to play in establishing and maintaining the ...

For example, if for every highly negative outcome with a probability of 10 percent and which a rational decision-maker would avoid, then they will be avoiding negative outcomes that simply don’t ...