Discover how regret theory affects choices. It predicts decision-making by evaluating the anticipation of regret, impacting ...

The brain favors repeating past actions over rational choice, explaining why we stick to habits even when better options exist.

Key points If someone made perfectly accurate judgments and sound decisions, would we recognize it? The science and philosophy of judgment and decision-making suggests that the answer is often “no.” ...

The importance of recognizing what's rational and what's not If someone was as rational as could be—with sound decisions and many accurate and trustworthy judgments about the world—would we recognize ...

In many everyday situations, decision-making comes with feedback on the consequences of one's choices, linked to their outcome: financial gain or loss, success or failure, information about ...

Discover how emotional and cognitive biases affect investment decisions and learn strategies to identify and overcome these common pitfalls to optimize your portfolio.

Human beings behave irrationally — or as an artificially intelligent robot might say, “sub-optimally.” Data, the emotionless yet affable android depicted in Star Trek: The Next Generation, regularly ...

Get the latest federal technology news delivered to your inbox. This line of research dates back to early large language models such as Google’s BERT, which is integrated into its search engine and so ...