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.
Jonathan Kwan is an Assistant Professor of Philosophy at New York University Abu Dhabi and was previously the Markkula Center’s Inclusive Excellence Postdoctoral Fellow in Immigration Ethics. Views ...
A fair percentage of leaders, especially in startups, professional groups and not-for-profits, pursue the holy grail of decision making by consensus. But it’s usually a bad idea, leading often to ...
Causal AI is redefining decision intelligence, offering deeper insights and more precise enterprise decision-making than ever before. Enterprises struggle to leverage AI for critical decisions.
Isn’t it tragic that so many prominent leaders rely on their intuition for their decision-making process? Gut reactions are seen as something almost magical, acquired either by hard-earned experience ...
Many would consider emotions to be a hindrance to decision-making and, therefore, think that they would be better off without them. They may avoid or suppress them, rather than feel, process and ...
When it came to moral “reasoning,” David Hume emphasized the quotation marks. We like to think our views on right and wrong are rational, he said, but ultimately they are grounded in emotion.
Consensus decision-making fosters collaboration but can slow progress if not managed effectively. Balancing consensus with leadership ensures efficiency without sacrificing inclusivity and engagement.
Life is about making decisions and managing the consequences of those decisions. In tactical training, it is no different. Your journey to, through and after your training, testing or selection ...
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