It's a piece of advice we might take in deciding, say, whether to pursue a romance. But business decisions? Too subjective, right? Wrong. Or, more precisely, it depends. That's the upshot of work ...

Discover the concept of homo economicus, its origins, and why it's essential in economics. Explore its rational decision-making model and its limitations today.

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 ...

As artificial intelligence revolutionizes the business world, a more subtle but equally powerful force is emerging: intuitive decision-making. Executives increasingly recognize that combining rational ...

Be they small or big, simple or complex, we are constantly making decisions every waking hour of our lives. But are our decisions rational or irrational? Are they always made in our best interests? In ...

Flu infections are rising sharply across the United States, contributing to at least 81,000 hospitalizations and 3,100 deaths ...

Successful leadership outcomes rest on the ability of leaders to make effective decisions, which, to some extent, is based on how, and the speed at which, information is processed. In a complex and ...

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 ...

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 ...