Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

In a previous post, we considered three of seven "irrational" habits of highly rational people. Here we consider the remaining four, as well as some suggestions for distinguishing the genuinely ...

Leadership is often associated with making tough decisions, and leaders are frequently judged by the decisions they make and their impacts. However, how these decisions are made can have a significant ...

In a perfect world, all investors would make what finance professors call “rational economic decisions.” Essentially saying that as investors, our actions would be rational, risk-averse, and maximize ...

Here is a four-step process to work with and through ambiguity to make careful, reasoned decisions. Editor's note: This story is available via the Harvard Business Review. It and other HBR stories are ...

“Never argue with stupid people, they will drag you down to their level and then beat you with experience.” – Mark Twain Mark Twain’s quotes are timeless – his keen observations apply today just as ...

Loïc Berger receives funding from the Agence Nationale de la Recherche (ANR) under the project INDUCED (ANR-17-CE03-0008-01). Loïc Berger is associate researcher at the European Institute on Economics ...

Editor's note: This story is available via the Harvard Business Review. It and other HBR stories are provided to our subscribers on our website (and in our daily emails) as an added value to your ...