“Good enough” decisions reduce mental overload. Satisficing helps stop overthinking by shifting the focus from finding the ...

The other day, my husband gifted me the luxury of a free Sunday morning, when he volunteered to take our daughter for a swim. I was delighted by the prospect of some quality me-time and decided to ...

BUFFALO, N.Y. – A popular streaming service boasts a film inventory approaching 4,000 titles. When it’s time to pick a movie, are you more likely to quickly make a decision or meticulously sift ...

One of the universal intricacies of modern living is more choices than ever before. At virtually every turn we’re faced with a wealth of options that would have made our ancestors’ heads spin. For ...

Elementary economics tells us that a good decision is to maximize utility. Utility refers to how desirable a task or choice is for an individual. Maximizers are people who strive to get the very best ...

Decision theory provides a structured framework for analysing how individuals and institutions make choices amidst uncertainty. It combines the rigour of mathematical models—such as expected utility ...