Do you use these mental models for efficient decision-making in your daily life? If not, you’re missing out on the opportunity to make more thoughtful and informed choices. Mental models are cognitive ...

I discovered many years ago that good leadership creates an environment that embodies the ideal balance of empowerment and accountability. Empowerment devoid of accountability is anarchy, and ...

In a large group of independent decision-makers, those who reach a decision most quickly also tend to be those with the strongest initial biases. The finding comes from a mathematical model of ...

Discover how economists' assumptions shape economic models, affecting predictions about consumer behavior, resource ...