Decision theory provides a structured framework for analysing how individuals and institutions make choices amidst uncertainty. It combines the rigour of mathematical models—such as expected utility ...
Why do people make short-term decisions that may not be in their long-term interest? An October 22-25 working group takes ...
PHOENIX--(BUSINESS WIRE)--University of Phoenix College of Doctoral Studies has released a new white paper, “Good Leader, Bad Decisions,” by Lorraine Priest, Ph.D., a member of the University’s Center ...
This post is a review of Choose Wisely: Rationality, Ethics, and the Art of Decision-Making. By Barry Schwartz and Richard Schuldenfrei. Yale University Press. 277 pp. $32.50. Rational Choice Theory ...
As a directing staff at the National Institute for Policy and Strategic Studies (NIPSS), Kuru, I was charged, as one of my responsibilities, with bringing the participants at the senior executive ...
Share on Pinterest Certain personality traits such as excessive optimism may be linked to lower cognition, a new study suggests. Ingrid Bertens/Stocksy Optimism, specifically in financial matters, may ...
Scientists from the Icahn School of Medicine at Mount Sinai, working in collaboration with a team from the University of Texas at El Paso, have developed a novel computational framework for ...