The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Dan McKone It’s become an ...
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.
As artificial intelligence revolutionizes the business world, a more subtle but equally powerful force is emerging: intuitive decision-making. Executives increasingly recognize that combining rational ...
Leadership is often associated with making tough decisions, and leaders are frequently judged by the decisions they make and their impacts. However, how these decisions are made can have a significant ...
Flu infections are rising sharply across the United States, contributing to at least 81,000 hospitalizations and 3,100 deaths ...
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 ...
In a perfect world, all investors would make what finance professors call “rational economic decisions.” Essentially saying that as investors, our actions would be rational, risk-averse, and maximize ...
Sex is risky. It can lead to emotional pain, privacy concerns, unwanted pregnancies, sexually transmitted infections (STIs), and even cancer. Many young adults engage in risky sexual behaviors, ...
The Effect of Mental Illness on Autonomous Decision-Making Capacity. One key tenet of medical ethics is respect for patient autonomy. Respect for autonomy generally requires treating patients as ...