Discover the concept of homo economicus, its origins, and why it's essential in economics. Explore its rational decision-making model and its limitations today.

In a previous post, we considered three of seven "irrational" habits of highly rational people. Here we consider the remaining four, as well as some suggestions for distinguishing the genuinely ...

As artificial intelligence revolutionizes the business world, a more subtle but equally powerful force is emerging: intuitive decision-making. Executives increasingly recognize that combining rational ...

Be they small or big, simple or complex, we are constantly making decisions every waking hour of our lives. But are our decisions rational or irrational? Are they always made in our best interests? In ...

If you're enjoying this article, consider supporting our award-winning journalism by subscribing. By purchasing a subscription you are helping to ensure the future of impactful stories about the ...

It isn’t unusual to see a manager keep plugging away at a project that isn’t producing positive results, but few would guess that anger may be at the heart of that behavior. This paper explores the ...

Successful leadership outcomes rest on the ability of leaders to make effective decisions, which, to some extent, is based on how, and the speed at which, information is processed. In a complex and ...

Building on two centuries' experience, Taylor & Francis has grown rapidly over the last two decades to become a leading international academic publisher. The Group publishes over 800 journals and over ...

Warner Bros. Discovery CFO Gunnar Wiedenfels enraged strikers with remarks about the company's cost savings in an earnings call. (Photo by David Livingston/Getty Images) As Warner Bros. Discovery’s ...