diverse litigation trajectories to estimate the net present value of a claim. The model permits the decision-maker to …

Jobs increasingly require good decision-making. Workers are valued not only for how much they can do, but also for … conditional on IQ, numeracy, and education, and the return to allocative skill is greater in decision-intensive occupations …

Laboratory experiments find a robust relationship between decision times and perceived values of alternatives. This … paper investigates how these findings translate to experts' decision making and information acquisition in the field. In a … be chosen later than earlier; (ii) decision time is higher when the likelihood of choosing each alternative is closer to …

Many, if not most, personalistic dictatorships end up with a disastrous decision such as Hitler's attack on the Soviet …. Even if the decision is not ultimately fatal for the regime, such as Mao's Big Leap Forward or the Pol Pot …-informed subordinates have no chance to prevent the decision from being implemented. We offer a dynamic model of non-democratic politics, in …

patient health and health care spending. This paper seeks to organize the recent economics literature on physician decision … populations, and incentives. Economic considerations that affect the quality of decision making include training, experience, peer … effects, financial incentives and time constraints. We also consider interventions aimed at improving decision making …