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.

Discover how partnerships handle decision making through consensus, democracy, or delegation, and the impact of business structure on these processes.

A new theory of economic decision-making offers an explanation as to why humans, in general, make decisions that are simply adequate, not optimal. A new theory of economic decision-making from Mina ...

A guest lecture by philosopher and consultant Ben Wilberforce-Ritchie challenged Strategic Communication students to apply ethical theory to professional decisions.

Explore how prioritizing analytics in management education enhances leadership effectiveness in today's data-driven business ...

This video offers a concise overview of numerous cognitive biases that influence human thinking and decision-making. By ...

Many organizations implementing AI agents tend to focus too narrowly on a single decision-making model, falling into the trap of assuming a one-size-fits-all decision-making framework, one that ...

There is no Planet B. Source: Markus Spiske/Pexels What is your experience of the recent heatwaves scorching Western Europe, the United States, and China? While my toddler rejoices in the almost ...

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 ...

I discovered many years ago that good leadership creates an environment that embodies the ideal balance of empowerment and accountability. Empowerment devoid of accountability is anarchy, and ...