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.

A fair percentage of leaders, especially in startups, professional groups and not-for-profits, pursue the holy grail of decision making by consensus. But it’s usually a bad idea, leading often to ...

Whether you’re an experienced CEO or an emerging entrepreneur, the quality of your decisions determines whether your business succeeds or fails. This is why decision making is an essential ...

I always tell my child that being a parent does not come with a how-to user manual, even though it would have been nice to reference standard operating procedures (SOPs) just once—more specifically, ...

The real danger is not the fog of war itself, but leaders who hide behind it when the picture is already clear.

This is Part 7 in a 7-part series about world poker champion and cognitive scientist Annie Duke, Ph.D., whose insights follow each question below. To read from the start of the series, see Part 1.

Have you ever found yourself stuck in a loop of endless deliberation, only to realize that the opportunity you were weighing has already passed you by? It’s a frustrating cycle—one that leaves you ...