This post is part of the Health Affairs Forefront short series, “Value Assessment: Where Do We Go Post-COVID?” The series explores what we have learned about value assessment and related issues during ...
We make decisions every day, many of which are so straightforward that we hardly notice we are making them. But we tend to struggle when faced with decisions that have uncertain outcomes, such as ...
Business schools and other professional programs teach powerful analytical methods for using information to make decisions. These methods are important and need to be learned. But what happens when ...
Uncertainty seems to be everywhere right now. Uncertainty about the economy, politics, careers, weather, and wars, to name just a few. Doubt sets in anytime we face a decision with incomplete or ...
Posts from this author will be added to your daily email digest and your homepage feed. With the world around us changing rapidly, uncertainty is inescapable. We feel it in both our personal and ...
Seems like everything these days is COVID-19. Recently the editor of the Journal of Business Forecasting asked me to write an article on demand planning under uncertainty.* Initially it sounded ...
Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. Dr. Gary Klein is a cognitive psychologist and one of the ...
Newly identified brain cells evolved along the theme, "Life is uncertain; Eat dessert first." The neurons, located in the ...
Two leading economists discuss decision making in conditions of radical uncertainty, where we can neither imagine all possible outcomes nor assign probabilities to future events. Uncertainty surrounds ...
Syed Ali is the CEO of EZO. EZO's asset management & intelligence solutions increase agility and decrease costs for businesses globally. Hotter-than-expected inflation caused lower purchasing power ...
Research into social preferences and decision-making under uncertainty has grown considerably, reflecting the need to understand how individuals and societies assess risk and uncertainty while ...