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Risk-taking: knowing the consequences of our choices might make us irrational
In many everyday situations, decision-making comes with feedback on the consequences of one's choices, linked to their ...
Risk-based decision is the idea that it makes more sense to take certain risks in certain situations and less sense to take other risks in those same situations. For example, if you are in your house ...
While teaching the military decision-making process (MDMP), I found planners struggle with two unglamorous parts of it: risk management and course of action (COA) selection. And I can see why. Risk ...
Risk aversion is a fundamental trait shaping how individuals, firms and policymakers respond to uncertain outcomes. It encapsulates the preference for certain outcomes over gambles with equivalent ...
"Fear is a very powerful weapon. Fear doesn't give you the freedom to decide... Don't act of out fear." —The Sea Inside (2004) Decision-Making: Cognitive and Emotional How do we make decisions? Many ...
How expressing opinions in an online meeting may feel different depending on whether a supervisor’s face is shown directly or represented as an avatar. - Humans take more risks when interacting with ...
For business leaders, dashboards are everywhere: We use them to manage everything from performance to risk. However, I frequently find myself lost when staring at crowded dashboards. The worst aspect ...
Overall, there is a need for a patient approach and an understanding of the long-term impacts and risks of rushed settlements.
A new startup is launching out of stealth today with $5 million in seed funding as it looks to bring its flavor of open source to risk decision-making software in the finance sector. For example, an ...
Michael Truex, a senior program manager in the Environmental Systems Group at Pacific Northwest National Laboratory (PNNL), presented on approaches to overcoming remediation barriers at the Hanford, ...
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