Discover the concept of homo economicus, its origins, and why it's essential in economics. Explore its rational decision-making model and its limitations today.

Discover how partnerships handle decision making through consensus, democracy, or delegation, and the impact of business structure on these processes.

Making choices. The proper balance of human and machine decision making is an important part of a system's design. It is easy to think of automating tasks traditionally performed by people, but it is ...

An umbrella term for all the decision-making systems in an organization, especially processes that are entirely automated. Also called "enterprise decision management" (EDM) and "business decision ...

Leaders who invest in strengthening their decision making muscles not only perform better themselves, but they also unlock higher performance across their teams.

Credit: Getty Images Respect for the autonomy of patients does not mean leaving them to navigate health care decisions on their own. Shared decision-making enables physicians to serve as guides to ...

The same fundamental platform that allows Schrödinger's cat to be both alive and dead, and also means two particles can "speak to each other" even across a galaxy's distance, could help to explain ...