A surge in gas prices triggered by the Iran war has caused a knock-on spike in the price of electricity in the UK, Italy and many other European markets. This is because gas almost always sets the ...

The Bears' roster will look different after a division championship season featuring, from left, Joe Thuney, Rome Odunze and Colston Loveland. Patrick McDermott / Getty Images The season that produced ...

This systematic review and meta-analysis assessed the impact of shared decision-making on critically ill patients, focusing on outcomes such as mortality, intensive care unit (ICU) and hospital length ...

Economics students learn marginal analysis. It is the idea that many decisions should not be thought of as all or nothing choices, but rather they should be thought of as a series of decisions. So for ...

Murugan Anandarajan does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...

It is natural for a business to think about cutting costs when margins are tight. As the title implies, there is a right and wrong way to cut costs. The right way, from an economist’s perspective, is ...

A playbook for checking your instincts. by Ania W. Masinter Today’s leaders have more information at their disposal than ever before—but they also face more complexity. The rapid pace of AI expansion ...

Great leaders aren’t defined by how many decisions they make, but by the discipline to make fewer, better ones. Effective leadership is defined by the quality and impact of decisions, not the number ...

Across cultures and continents, most people prefer to tackle life’s toughest choices alone, trusting their own gut or inner voice over the counsel of friends or the wisdom of the crowd, according to a ...

(Sponsored) Ethical management is easy when a rule or regulation tells you what you must do in black and white; the gray areas are tougher to navigate. Ethena’s Susan Divers explores four test cases, ...

Fuzzy decision-making and analysis offer powerful tools for handling uncertainty, imprecision, and subjectivity in complex systems. By extending classical logic with degrees of truth, fuzzy methods ...