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 ...

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.

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 ...

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It isn’t unusual to see a manager keep plugging away at a project that isn’t producing positive results, but few would guess that anger may be at the heart of that behavior. This paper explores the ...

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 ...