Money, a resource that absorbs much daily attention, seems to be present in much unethical behavior thereby suggesting that money itself may corrupt ... of future choice and illuminate neural ...
Effective managers need sound judgment to navigate a complex world. Good judgment requires an understanding of the behavioral biases that can hinder effective decision-making. It also requires a ...
In the model of rational action assumed ... These theories and a better understanding of irrational decision-making inspired further developments in behavioral economics. American economist ...
Organizations around the globe are increasingly using “nudge thinking” to help people make more efficient decisions. Nudge units are applying insights from the field of behavioral science to design ...
Heuristics are psychological tendencies that often positively affect our decision-making processes. When these shortcuts lead to the wrong conclusions, they become cognitive biases. Behavioral ...
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 ...