Decision theory is a cornerstone of economic analysis, providing a framework for understanding how individuals and institutions make choices under conditions of uncertainty and risk. At its core, the ...

Researchers from the Max Planck Institute for Human Development, TU Berlin, and the University of Eastern Finland set out to ...

Decisions are the lifeblood of business. From the c-suite to frontline employees, decisions are constantly being made at all levels within organizations. Some are consequential and irreversible, but ...

Whether gathering berries, hunting, or fishing, humans searching for food make decisions not only based on personal ...

A new study reveals that people are far more emotionally affected by anticipating negative future outcomes than by imagining ...

In today’s digital world, how we decide what to buy, read or watch has radically changed. What once involved careful consideration is now driven by speed and instant gratification. With constant ...

Scientists found our brain may organize behavior by activity patterns rather than fixed regions, reshaping how brain control ...

The rapid growth of digital technologies in the last quarter-century has multiplied the number and types of possible influences on individual values and opinions. Has the digital era changed the level ...

When it comes to business, your decisions matter. But it's important to recognize whether your choices are based on intuition or emotions.