Regret theory postulates that decision‐makers do not solely evaluate outcomes based on traditional expected utility; they also incorporate the anticipated emotional response resulting from realising ...
Discover how partnerships handle decision making through consensus, democracy, or delegation, and the impact of business structure on these processes.
A guest lecture by philosopher and consultant Ben Wilberforce-Ritchie challenged Strategic Communication students to apply ethical theory to professional decisions.
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 ...
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 ...
There is no Planet B. Source: Markus Spiske/Pexels What is your experience of the recent heatwaves scorching Western Europe, the United States, and China? While my toddler rejoices in the almost ...
This video offers a concise overview of numerous cognitive biases that influence human thinking and decision-making. By ...
Explore how prioritizing analytics in management education enhances leadership effectiveness in today's data-driven business ...
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 ...
Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions ...