Intuition can lead to more effective decision-making than analysis under certain conditions. This assumption can be … regarded as common sense. However, dominant research streams on intuition effectiveness in decision-making conceptualize … article suggests the structuredness of the decision problem as the main criterion for intuition effectiveness, and proposes …

This chapter provides a critical review of behavioral economic approaches to decision-making with a focus on the … thinking processes of investors. It discusses the bounded rationality approach to decision-making as compared to the errors and … biases approach for better understanding decision-making processes and outcomes. The latter focuses on the importance of …

variable and with the use of a prompt either before (pre-prompt) or after (post-prompt) the adjustment decision. We find that …. Our results suggest that organizations should endeavor to make data analytics systems transparent to decision making users …. However, when they cannot, they should ensure that decision makers feel accountable for their decisions; for example, with a …

Chisini mean enables these tools to be used as rational decision criteria. Specifically, we focus on 11 metrics and show that … intuitive notion of mean is the founding basis of investment decision criteria …