How We make Decisions – Prospect Theory

How We make Decisions – Prospect Theory

Prospect Theory is the name of the concept developed by Nobel-prize winning professor Daniel Kahneman and Amos Tversky, who were the “Godfathers of modern decision science.” It describes the hidden influences that exist that drive our behavior—and they aren’t what you...
Are You Destined To Be CEO?

Are You Destined To Be CEO?

Popular belief has long held that oldest children are responsible, high achievers. And recent social science research indicates that this trait extends to their careers. As explained in this National Public Radio report, firstborn children have the benefit of their...