We are defined by the decisions we make from the moment we wake up to when we fall asleep. Regardless of how mundane or unimportant these emotions and decisions may seem, you must learn how to remove ...

Falling for the dangerous judgment errors called cognitive biases often costs you an arm and a leg. Yet such serious mistakes happen all the time in business! For instance, one of the biggest ...

Feel free to celebrate explorers who found shorter routes from here to there. Marvel at feats of engineering that significantly reduced travel and shipping time. But think carefully and scrutinize ...

Humans are required to make several decisions daily, from choosing what to eat at a restaurant to more crucial choices, such ...

Studies show that AI systems used to make important decisions such as approval of loan and mortgage applications can perpetuate historical bias and discrimination if not carefully constructed and ...

In a large group of independent decision-makers, those who reach a decision most quickly also tend to be those with the strongest initial biases. The finding comes from a mathematical model of ...

Hindsight bias is a well‐documented cognitive phenomenon whereby individuals perceive past events as having been more predictable than they actually were. This bias manifests through memory ...

Have you ever felt like pulling the hairs out of your head when clients let emotion and biased behavior creep into their investment decisions? Well, new research says advisors may need to take a look ...

CEOs don’t have road maps for unprecedented situations like the coronavirus pandemic, and instead rely heavily on their existing skills and personality traits in their response. When relying on these ...

Add Yahoo as a preferred source to see more of our stories on Google. Studies show that AI systems used to make important decisions such as approval of loan and mortgage applications can perpetuate ...