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Search Results for Subject 'decision making':

53 result(s) found
Algorithmic Decision Making Preferred Over Human Deciders

Idea posted: August 2023

Institutions: University of Michigan; Drexel University    Michigan State University   

To what extent are we as humans ready to accept decisions made by computers? This was the question at the heart of a study from Michigan State University and Drexel…

  READ MORE   PIN TO MY IDEAS Idea #851
Photo by Tara Winstead on Pexels
Photo by Tara Winstead on Pexels
The Cost of Decision Fatigue

Idea posted: September 2021

Institutions: University of Cambridge Judge Business School   

Repeatedly making decisions for extended periods of time is mentally taxing and leads to what psychologists call ‘decision fatigue’. As a result, the decision makers will revert to default decisions—decisions…

  READ MORE   PIN TO MY IDEAS Idea #799
Why Cross-functional Teams Need Strong Leaders

Idea posted: November 2020

Institutions: Pan-Atlantic University Lagos Business School   

Previous studies have demonstrated the quality of decisions that emerge from cross-functional teams. Most of these studies focus on the outcome of cross-functional deliberations, but not the deliberation process itself.…

  READ MORE   PIN TO MY IDEAS Idea #778
How Bringing Self to Work Inspires Ethical Behaviour

Idea posted: December 2018

Institutions: Kellogg School of Management    University of the Sciences   

The self-concept refers to how people think of themselves. I am a good person, I am a good listener, I am impatient — these are the kinds of ideas and…

  READ MORE   PIN TO MY IDEAS Idea #722
Wrong Incentives Push CEO to Focus on the Short-term

Idea posted: July 2018

Institutions: University of Texas McCombs School of Business    University of Texas at Dallas Naveen Jindal School of Management    Villanova University School of Business   

A number of different incentives can potentially push leaders to make decisions that favour short-term returns over long-term value. To test whether such incentives actually have an impact on decision-making,…

  READ MORE   PIN TO MY IDEAS Idea #713
How Linear Thinking in a Non-Linear World Leads to Wrong Decisions

Idea posted: November 2017

Institutions: ESADE    Rotterdam School of Management, Erasmus University    Duke University Fuqua School of Business   

When it comes to business – and most areas of life – we tend to think in straight lines. For example, if one shelf holds 50 books, two shelves will…

  READ MORE   PIN TO MY IDEAS Idea #685
Typical Air Quality in Offices Hurts Cognitive Function

Idea posted: September 2017

Institutions: Harvard T.H. Chan School of Public Health    SUNY Upstate Medical University    Syracuse University   

Over a period of six days, a team of researchers recreated a variety of air quality conditions, and simultaneously conducted cognitive tests of volunteers under the various conditions to determine…

  READ MORE   PIN TO MY IDEAS Idea #669
Algorithms and Statistical Models Vs Human Judgement

Idea posted: July 2017

Institutions: University of Chicago Booth School of Business    The Wharton School of the University of Pennsylvania   

Decades of research have shown that algorithms (defined here as any evidence-based forecasting formula, including statistical models) are more accurate than forecasts made by humans. However, research has also shown…

  READ MORE   PIN TO MY IDEAS Idea #664
How Testosterone Leads to Overpricing on Wall Street

Idea posted: May 2016

Institutions: Ivey Business School at Western University   

Enthusiasm for your job is usually an asset. However, new research reveals that on Wall Street, such enthusiasm may backfire as the rush of winning triggers physiological changes that undermine…

  READ MORE   PIN TO MY IDEAS Idea #608

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