“Good enough” decisions reduce mental overload. Satisficing helps stop overthinking by shifting the focus from finding the ...

An old decision-making strategy called “satisficing” is making a comeback as a way to help perfectionists escape analysis ...

Decisions are the lifeblood of business. From the c-suite to frontline employees, decisions are constantly being made at all levels within organizations. Some are consequential and irreversible, but ...

Are you a maximizer—in other words, do you pursue optimal choices? How can you experience the benefits of this mindset while escaping the costs? I'll offer you concrete strategies, but first, let's ...

In high-pressure environments, leaders often hesitate to make bold decisions for fear of failure. But what if the real failure is avoiding the decision altogether? One essential leadership trait is ...

You're among the first generation in history to decide not only where to live and what profession to enter (fundamental choices that now feel like a birthright) but whether to shell out for a 32, 42, ...

Decision theory provides a structured framework for analysing how individuals and institutions make choices amidst uncertainty. It combines the rigour of mathematical models—such as expected utility ...