Risk-based decision is the idea that it makes more sense to take certain risks in certain situations and less sense to take other risks in those same situations. For example, if you are in your house ...

While teaching the military decision-making process (MDMP), I found plan­ners struggle with two unglamorous parts of it: risk management and course of action (COA) selection. And I can see why. Risk ...

For business leaders, dashboards are everywhere: We use them to manage everything from performance to risk. However, I frequently find myself lost when staring at crowded dashboards. The worst aspect ...

Research in mice identifies brain circuitry that supports certain reward-based decisions. Every day, our brain makes thousands of decisions, big and small. Any of these decisions -- from the least ...

How expressing opinions in an online meeting may feel different depending on whether a supervisor’s face is shown directly or represented as an avatar. - Humans take more risks when interacting with ...

A new startup is launching out of stealth today with $5 million in seed funding as it looks to bring its flavor of open source to risk decision-making software in the finance sector. For example, an ...

Mr. Rubin was the U.S. Treasury secretary from 1995-99 and is the author of “The Yellow Pad: Making Better Decisions in an Uncertain World,” from which this essay is excerpted. Not long after my ...

Many organizations implementing AI agents tend to focus too narrowly on a single decision-making model, falling into the trap of assuming a one-size-fits-all decision-making framework, one that ...

Learn the investing 2% rule to cap risk at 2% per trade. Explore practical examples and find how this strategy preserves capital and limits potential losses.