This is because our leading theory of rational decision-making claims that we should make decisions not just based on how probable or improbable outcomes are, but rather based on the so-called ...

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 ...

A study by UCD Michael Smurfit Graduate Business School has discovered people tend to see AI as more rational than human decision-making, which, according to respondents, is most influenced by emotion ...

Making decisions is a part of every job, but something we often do without much thought. However, it is possible to improve decision-making skills with practice. And when making hard decisions or ...

Entrepreneurial decision-making is profoundly influenced by cognitive biases—systematic deviations from rational judgment that shape how individuals perceive information, assess risk and seize market ...

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 ...