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 ...

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

New York University neuroscientist Paul Glimcher has a suggestion that is as simple as it is counterintuitive: Rather than trying to pick the best option, start by eliminating the worst. Why do our ...

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 ...

This is the first of a series of posts on learning how to make better decisions. Are you satisfied with the quality of your decisions? If you are like most people, you will easily recall examples ...

Discover how multivariate models use multiple variables for investment forecasting, risk analysis, and decision-making in ...

If you’re thinking of growing your long-term wealth, it’s imperative to explore various strategies and concepts to make informed financial decisions. One such concept that investors often tend to ...

To better understand decision-making, researchers can create computational models—groups of equations that aim to predict what decisions people would make when faced with a set of choices. For example ...