Managers in organisations must make rational decisions. Rational decision making is the opposite of intuitive decision making. It is a strict procedure utilisin

It is widely held that Bayesian decision theory is the final word on how a rational person should make decisions. However, Leonard Savage--the inventor of Bayes

This book addresses an intriguing question: are our decisions rational? It explains seemingly irrational human decision-making behavior by taking into account o

Rationality and Decision Making: From Normative Rules to Heuristics' offers a broad overview of both classic and very recent discussions concerning rationality