To make informed, and presumedly the best, decisions, we must free ourselves from the hidden constraints on our capacity to think and analyze.

Discover how game theory strategies improve decision-making in business, finance, and economics. Enhance your analytical skills with real-world applications.

An enduring societal challenge the world over is a “perspective deficit” in collective decision-making. Whether within a single business, at the local community level, or the international level, some ...

Optimal decisions made in extreme conditions require effective fast and slow thinking. Artificial intelligence (AI) may improve the speed and accuracy of decisions made in life-or-death situations.

Delivering high-quality care starts with understanding what matters most to each patient. Clinicians can’t choose treatments that match patients’ priorities and values until they engage with them. The ...

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 ...

Consensus decision-making fosters collaboration but can slow progress if not managed effectively. Balancing consensus with leadership ensures efficiency without sacrificing inclusivity and engagement.

Teams can make any decision after seeking advice from affected parties and documenting it in an ADR. Use context maps to assign clear ownership of system areas to specific teams. Create architectural ...