Cognitive flexibility plays a huge role in your decision-making process. It refers to your ability to adapt your thinking and behavior in response to new information or changing circumstances. By ...

These theories and a better understanding of irrational decision-making inspired further developments in behavioral economics. American economist and Nobel laureate Richard Thaler outlined mental ...

Organizations around the globe are increasingly using insights from the field of behavioral ... economic model of decision making Dissect what systematic bias is and learn about the most cited and ...

How can you improve your financial choices with your money? Grasping your brain’s processing during financial decisions could ...

The study of behavioral finance relies on the assumption that investors and other financial decision-makers do not always behave rationally and instead often make choices based on cognitive biases ...

Organizational Behavior and Human Decision Processes publishes fundamental ... articles that present original empirical research, theory development, literature reviews, and methodological ...

But, Morningstar researchers argue, rational behavior goes deeper than dollars and cents. Traditional finance theory would argue that the rational decision stands to make the most profit.

While decision theory has a rich history of applications to real-world problems in many disciplines, including economics, risk analysis, business management, and theoretical behavioral ecology ...

Booth’s curriculum brings together theory and research from psychology ... In fall 2018, PIMCO and the Roman Family Center for Decision Research announced a partnership in support of the center's ...