Our hunter-gatherer ancestors are huddled around a campfire when they suddenly hear the nearby bushes rustling. They have two options: investigate if the movement was caused by small prey such as a ...

Cognitive shortcuts (or heuristics) and their consequent psychological and behavioural biases can profoundly affect and shape the judgments and decisions we make in our everyday and professional lives ...

Cognitive flexibility plays a huge role in your decision-making process. It refers to your ability to adapt your thinking and ...

This post is written by Bhavleen Singh, research affiliate at the Department of Economics, Monk Prayogshala. At 18, society often labels us as adults, yet this milestone merely scratches the surface ...

We are defined by the decisions we make from the moment we wake up to when we fall asleep. Regardless of how mundane or unimportant these emotions and decisions may seem, you must learn how to remove ...

The conventional wisdom in classical economics is that we humans are “rational actors” who, by our nature, make decisions and behave in ways that maximize advantage and utility and minimize risk and ...

Explainable AI (XAI) is essential for gaining executive trust in data-driven recommendations. Many high-performing AI models operate as black boxes, making their predictions difficult to interpret.

Opinions expressed by Entrepreneur contributors are their own. I recently read the book Noise: A Flaw in Human Judgment and haven’t been able to get it out of my head. The premise is simple. According ...

As healthcare systems across Europe deal with an increasing prevalence of cognitive impairment, family doctors are emerging as key players in assessing and supporting patients' decision-making ...

Join us for a side-splitting adventure as our clever prankster hilariously gets caught in his own trap! Witness the clever ...

Clinicians must make diagnostic treatment decisions using a large body of probabilistic information and process this information under the pressure of time and workload. The pressure of this task is ...