Choice theory provides a fundamental framework for understanding how individuals and groups make decisions, integrating elements of economics, psychology, and sociology. This interdisciplinary field ...

Regret theory postulates that decision‐makers do not solely evaluate outcomes based on traditional expected utility; they also incorporate the anticipated emotional response resulting from realising ...

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 ...

The list below offers a representative sample of the courses you can expect in the study of accounting and finance for decision making at DePauw. From theoretical foundations to practical experiences, ...

Discover how economists' assumptions shape economic models, affecting predictions about consumer behavior, resource ...

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

Explore Charles Handy’s management theory and how his four workplace cultures shape leadership, motivation and company success.

There is no Planet B. Source: Markus Spiske/Pexels What is your experience of the recent heatwaves scorching Western Europe, the United States, and China? While my toddler rejoices in the almost ...

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 ...