As artificial intelligence revolutionizes the business world, a more subtle but equally powerful force is emerging: intuitive ...

Opinions expressed by Forbes Contributors are their own. I write about the decision intelligence revolution. Poor decision-making processes have a massive negative impact on employee engagement ...

The authors add, "Teenagers make less optimal, so-called 'noisy' decisions. While these noisy decisions decrease when growing older, this decrease is also linked to the development of improved ...

Behavioral economics is grounded in empirical observations of human behavior, which have demonstrated that people do not always make what neoclassical economists consider the “rational” or “optimal” ...

In the study, Contreras-Huerta and colleagues used this theory to design a study that showed that self-bias makes us better at making decisions for our own benefit. Making Optimal Decisions During ...

These findings indicate that the "flexible system" that leads decision-making includes role sharing between individuals who overreact to surrounding stimuli (supercriticality subgroups ...

Defining the dose of a new renoprotective drug with the optimal benefit-to-risk ratio is an important consideration for drug developers and physicians. Have we learned from past experiences?

Merton, Robert C., and Paul A. Samuelson. "Fallacy of the Log-Normal Approximation to Optimal Portfolio Decision Making over Many Periods." Journal of Financial Economics 1 (May 1974): 67–94.