Can intuition yield better decisions?

New research illuminates how managers can combine intuition and experience to make better decisions in moments of high uncertainty One of the more interesting and yet least understood aspects of managing is intuition’s role in decision-making, especially in situations of high uncertainty. With the world seemingly on an inevitable path toward algorithmic management based on…

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Mental money laundering: how tainted money becomes clean again

New research explains how people use novel mental accounting techniques to live with ill-gotten gains In Brief: Money should be a fungible good, i.e., money gained from different sources should be indistinguishable to the gainer, says classical economic theory. However, new research suggests that money gained unethically is treated negatively in the minds of the gainers.…

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