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Last updated on April 16, 2014 at 21:24 EDT

Latest Decision making Stories

2014-04-16 16:30:19

TORONTO, April 16, 2014 /CNW/ - Ontario's doctors are helping to mark Advance Care Planning Day today by encouraging everyone to take a moment and consider their end-of-life wishes. Advance care planning starts with thinking about your wishes, values and beliefs about the health care you would want if you were ever incapable of making decisions for yourself, and then talking about them with loved ones. "A medical crisis is always going to be a terrible time for a family, but having simple...

2014-04-10 14:42:23

The willingness of decision makers to take risks increases when they play games of chance with money won earlier. Risk taking also rises when they have the opportunity to compensate for earlier losses by breaking even. This outcome was demonstrated by Dr. Kaisa Hytönen, a Finnish Aalto University researcher in neurofinance, together with her international colleagues. There are frequently various linkages between financial decisions: the circumstances accompanying the decision are...

Researchers Identify Decision-making Center Of The Brain
2014-03-11 13:03:32

April Reese Sorrow, University of Georgia Although choosing to do something because the perceived benefit outweighs the financial cost is something people do daily, little is known about what happens in the brain when a person makes these kinds of decisions. Studying how these cost-benefit decisions are made when choosing to consume alcohol, University of Georgia associate professor of psychology James MacKillop identified distinct profiles of brain activity that are present when making...

How Brain Makes Toss Up Decisions
2013-12-06 13:48:39

Ranjini Raghunath for redOrbit.com - Your Universe Online Some decisions are easy, but when you have two equally appealing choices, how does your brain choose between the two? Scientists have long tried to figure out how toss-up decisions, such as what to eat, drink or watch on TV, are made. A new field of study called neuroeconomics uses theories from economics to try and understand how the brain weighs and picks some options over others. Although scientists have known such...

People With Higher Emotional Intelligence Are Better Decision Makers
2013-11-20 12:02:49

Alan McStravick for redOrbit.com - Your Universe Online The concept of emotional intelligence (EQ) has been recognized in the field of psychology, most especially in the school of thought established by the humanists. EQ is understood as the ability to identify, use, understand and manage emotions. When a person possesses an elevated or high EQ, they are able to use their abilities positively as a means to relieve stress, communicate effectively, empathize with others, overcome challenges...

2013-10-31 23:24:58

Pushes Boundaries of Business Apps for iPad and Android Tablets Princeton, NJ (PRWEB) October 31, 2013 Every day employees across organizations must solve difficult problems and make tough decisions that impact the bottom line. Kepner-Tregoe (KT), the global capability development and consulting company, announced the launch of the new Kepner-Tregoe Tablet App, created to help employees manage these business challenges whether they are on a shop floor, in the field, at a remote office or...

2013-08-19 12:24:49

Approach shows promise but fails to gain traction in real-world implementation WASHINGTON, Aug. 19, 2013 /PRNewswire-USNewswire/ -- A National Pharmaceutical Council (NPC) study published in the peer-reviewed journal Pharmacy and Therapeutics details new work in developing, testing and piloting a more structured approach to formulary decision-making. The study, "Transparency in Evidence Evaluation and Formulary Decision-Making," discusses efforts to increase the clarity,...

2013-08-02 04:21:08

OLTEN, Switzerland, August 2, 2013 /PRNewswire/ -- Thinking mistakes are defects in our thinking process that weaken our aim to find the best solutions. By learning to recognize common fallacies, biases and effects, we can avoid these mistakes in the context of meetings or decision making. At the same time we can also learn to recognize the thinking mistakes when used by others. The goal of this app is to provide you with a reliable tool, always on hand whenever and wherever...

2013-07-30 10:41:25

Men who decide to be screened for prostate cancer and those who forgo PSA screening stick with their decisions after receiving materials explaining the risks and benefits of the test. The decision aids greatly increased their knowledge about screening and reduced their conflict about what to do, but did not have an impact on their screening decision when measured a year later. That's the finding of a new study published today in JAMA Internal Medicine that examined both web-based and...

2013-07-17 23:25:28

i-Sight Software has announced that it will offer a free training webinar on how to eliminate bias in investigations. The webinar will be presented by Amy Oppenheimer, attorney, author and leading expert on workplace investigations, on July 31st 2013 from 2pm to 3pm EST. Ottawa, Ontario (PRWEB) July 17, 2013 An investigator’s job is to come to an unbiased conclusion about something that has occurred, but if the investigator is impacted by unconscious biases, staying impartial can be...