In the concept of social decision-making, vague commitments of a normative and political nature are translated into specific commitments to one or more specific courses of action. Since decision-making includes an element of choice, it is the most deliberate and voluntaristic aspect of social...

Behavioural economics provides unusually robust data that show that people have hardwired, systematic cognitive biases that greatly limit their intellectual capabilities. From these observations follows a set of general guidelines for decision-making -- humble decision-making theory -- that if...

Old-fashioned decision making doesn't meet the needs of a world with too much information and too little time. So-called rational decision making, once the ideal, requires comprehensive knowledge of every facet of a problem, which is clearly impossible today. One of the most recent...