–weight of the evidence approach to decision making from the A Treatise on Probability, that Keynes integrated into the General … theorist like Keynes, is that decision makers are horribly ignorant of the laws of the probability calculus when making … decisions and thus make all kinds of errors and mistakes that could be corrected if the decision makers would restudy basic …

.The result of this misinterpretation and misrepresentation of Keynes's decision theory can be seen in the response of public …

Team decision-making prevails in modern organizations. Teams often need to decide whether to delegate or make a … decision themselves. Recent work has found that many individuals assign a significantly positive intrinsic value to having a … decision right, which may distort the choice between delegating a decision or not. Here we examine experimentally whether teams …