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 ...

Online decision making is a concept that describes the cognitive process that goes in the mind of customers before they make a decision on the web. The main focus of this article is to understand what ...

Fundamentally, how does anyone know us as individual leaders and/or judge our leadership effectiveness? The first thing that might come to mind is your personality. Secondly, how you communicate: how ...

All too often, we hear terms like "hunch" or "gut feeling." And it is quite intimidating to see people being guided by some unknown force, a sixth sense, perhaps. But how wise is it, really, to let ...

Balancing data-driven insights with intuition is crucial for effective decision-making, allowing entrepreneurs to see beyond the numbers and make connections that foster innovative solutions. While ...

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 ...

The field of Psychology of Reasoning and Decision Making explores the cognitive processes that underlie how individuals evaluate information, form judgements, and ultimately make choices. It draws on ...

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.

Intuition is the ability to understand something instinctively, without any need for conscious reasoning or an explanation. The use of intuition is sometimes referred to as responding to a "gut ...

In Finland, farmers who have transitioned to regenerative agriculture perceive intuition as something that leads to better decision-making, a new study from the University of Eastern Finland shows.