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 ...

Intelligence and data aren’t enough for effective decision making. Here's how to harness the underlying drivers of ...

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 ...

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 ...

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 ...

As we’re battling a virus that scientists still don’t fully understand, watching the stock market sink, then soar, then sink again, and facing a contentious election, the future seems completely ...