theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a …If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely … unquantifiable, where do we end up? In this article the author argues that we arrive at a statistical, normative, and cognitive …

This paper develops a theory in which heterogeneity in political preferences produces a partisan disagreement about … objective facts. A political decision involving both idiosyncratic preferences and scientific knowledge is considered. Voters … voters' intrinsic preferences or because of rigidities in the political process. The theory predicts that providing mixed …

Cognitive biases distort judgement and adversely impact decision-making, which results in economic inefficiencies … reduced selected cognitive biases by 30 %. In this work I report results of an experiment which investigated the debiasing …

has significant effects on decision-making process. Executives have different cognitive style that makes them follow steps … cognition-life cycle linkage with more confidence. Based on literature, executives with similar cognitive profile are more …There are too many different perspectives in strategic decision-making process within the literature. The rational …