Every day we are challenged with making decisions. Our brains are subject to 400 billion bits of information per second of which 2,000 bits are processed, many of these resulting in decisions. How ...
Do you use these mental models for efficient decision-making in your daily life? If not, you’re missing out on the opportunity to make more thoughtful and informed choices. Mental models are cognitive ...
Discover how partnerships handle decision making through consensus, democracy, or delegation, and the impact of business structure on these processes.
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 ...
Throughout their everyday lives, humans are typically required to make a wide range of decisions, which can impact their well-being, health, social connections, and finances. Understanding the human ...
Let's face it. Decision fatigue is real. Even the most seasoned entrepreneurs wrestle with it on a daily basis. Research shows that the average person makes nearly 35,000 decisions each day, ranging ...
In a large group of independent decision-makers, those who reach a decision most quickly also tend to be those with the strongest initial biases. The finding comes from a mathematical model of ...
Tawn Albright is the Founder of the executive coaching firm Bowstring. He works with an array of leaders from start-ups to multinationals. Throughout my career, I've discovered a valuable lesson that ...
By modeling the single-trial electroencephalogram of participants performing perceptual decisions, and building on predictions from two century-old psychological laws, we estimate the times of ...