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Conventionally, decision-making is portrayed as a rational process: individuals calculate potential risks and aim to maximize benefits. Yet, our brains do not always endorse rational action, ...
Smarter people don’t just crunch numbers better—they actually see the future more clearly. Examining thousands of over-50s, Bath researchers found the brightest minds made life-expectancy forecasts ...
Gerry McNamara, Philip Bromiley, Decision Making in an Organizational Setting: Cognitive and Organizational Influences on Risk Assessment in Commercial Lending, The Academy of Management Journal, Vol.
People with higher IQs tend to make more accurate predictions about probabilities and are better at making decisions. Researchers at the University of Bath’s School of Management have found that ...