Discover how regret theory affects choices. It predicts decision-making by evaluating the anticipation of regret, impacting ...

This collection of essays, written primarily by scholars, discusses how nonprofit organizations can apply common concepts from the for-profit world, including cost-benefit analysis and risk assessment ...

Learn how the framing effect influences decision-making in investments, and discover strategies to identify and mitigate its ...

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 ...

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 ...

Slow decisions cost executives real revenue. Executives estimate a 1-5% revenue gain from faster choices. Steps to map, ...

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 ...

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 ...