A new theory of economic decision-making offers an explanation as to why humans, in general, make decisions that are simply adequate, not optimal. A new theory of economic decision-making from Mina ...
A new theory of economic decision-making from Mina Mahmoudi, a lecturer in the Department of Economics at Rensselaer Polytechnic Institute, offers an explanation as to why humans, in general, make ...
Discover the principles of economic justice, how it fosters equality, and explore actionable strategies to achieve fair economic opportunities for everyone.
Behavioral Economics—an eight-week virtual program that blends self-paced online modules with live-online sessions led by Chicago Booth faculty—helps executives make more effective decisions. Discover ...
Explore intertemporal equilibrium, an essential economic concept that analyzes how current and future decisions affect economic balance over time for households and firms.
At the start of 2025, the global economy is on the brink of massive change. By some estimates, there is an $80 trillion demand for long-term capital to fund a transformation on par with the Industrial ...
Shannyn Schroeder on MSN

Cognitive Flexibility in Decision-Making

Cognitive flexibility plays a huge role in your decision-making process. It refers to your ability to adapt your thinking and ...
Modern life’s information overload leaves people uncertain. Here we examine how intuition, mindfulness and reflective conversations help interpret choices beyond pure analytics.
TROY, N.Y. — A new theory of economic decision-making from Mina Mahmoudi, a lecturer in the Department of Economics at Rensselaer Polytechnic Institute, offers an explanation as to why humans, in ...