Leadership is often associated with making tough decisions, and leaders are frequently judged by the decisions they make and their impacts. However, how these decisions are made can have a significant ...

This is because our leading theory of rational decision-making claims that we should make decisions not just based on how probable or improbable outcomes are, but rather based on the so-called ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Dan McKone It’s become an ...

Rational artificial intelligence sounds simple on paper: build systems that make sensible decisions based on goals, evidence, and logic. Yet ...

As artificial intelligence revolutionizes the business world, a more subtle but equally powerful force is emerging: intuitive decision-making. Executives increasingly recognize that combining rational ...

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 ...

Investing in the financial markets is a complex endeavor influenced not only by economic factors and market dynamics but also by human behavior. Traditional finance theory assumes that investors make ...

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 ...