One of the biggest barriers to data-driven decision-making in an organization is the HiPPO Effect, when the highest paid person’s opinion gets acted upon even if it’s not backed by data or if ...

A mathematical modelling study assesses the role of peer behaviour and ‘herding’ behaviour in aggregating information through the peer-review process; peer review works best when reviewers ...

Decisions by one actor affect other actors in the enterprise and ecosystem, and vice versa.' ... It’s time to re-engineer decision-making to make them more data-driven, Long urges.

The Effect of Framing on Financial Decision-Making Why it's important for investors to have conviction--especially when going against the crowd.

Access to more information does not necessarily lead to better decision making, according to a new study from Oracle. Though 83% of those surveyed agree that access to more data should make decisions ...

No Effect of Commercial Cognitive Training on Neural Activity During Decision-Making. Journal of Neuroscience , 2017 DOI: 10.1523/JNEUROSCI.2832-16.2017 Cite This Page : ...