People react differently to decisions based on what they perceive was the fairness of the outcome as well as the fairness of the process — and whether or not they trusted the decision makers in the first place. For example, if people trust a manager, they are more likely to see both the outcome and […]
Read More… from How People React to the Fairness of Decisions: Trust Makes a Difference
Robots are taking over our jobs! Ok, maybe that’s not quite the case just yet, but as technology continues to develop swiftly, there is no doubt that machines are getting smarter, cheaper, and – in some cases- more effective than humans. In several fields, analytical models are already heavily relied on for forecasting; take the […]
Read More… from Human Judgement Vs Computer Aided Forecasting
