Over the past few decades, the approach to decision making has evolved as a result of many technology innovations and business model changes, such as systems of record, engagement and intelligence, as ...

The MS Business Analytics degree focuses on the exciting and fast-growing field of big data. Designed to teach students how to translate data into strategic business decisions, this robust technical ...

Emergent large language models (LLMs) such as OpenAI’s ChatGPT (particularly its latest iteration, GPT-4), Claude AI and Gemini have demonstrated limited decision-making. In this article, we’ll ...

Do you use these mental models for efficient decision-making in your daily life? If not, you’re missing out on the opportunity to make more thoughtful and informed choices. Mental models are cognitive ...

This work aims to enhance the accuracy and efficiency of corporate strategic decision-making, particularly in rapidly changing and highly competitive market environments. Traditional strategic ...

Machine Learning (ML), a facet of artificial intelligence (AI), utilizes computational methods to boost system performance by learning from experience, underpinned by mathematics, statistics, and ...

Handler, Abram; Larsen, Kai R.; Hackathorn, Richard. Large language models present new questions for decision support. International Journal of Information Management ...

Have you ever wondered how Amazon calculates risky decisions? Founder Jeff Bezos famously simplified the process by sorting decisions into two camps — one-way doors, and two-way doors. The concept, ...

In a large group of independent decision-makers, those who reach a decision most quickly also tend to be those with the strongest initial biases. The finding comes from a mathematical model of ...