The conventional wisdom in classical economics is that we humans are “rational actors” who, by our nature, make decisions and behave in ways that maximize advantage and utility and minimize risk and ...

Amanda Montell has come on Marketplace a few times about the cult of work. We talked about why culty workplaces, like Neiman Marcus in the ‘80s, are so effective. We’ve also talked about the downsides ...

Day one of the healthcare strategy course I teach in the Stanford Graduate School of Business begins with this question: “Who here receives excellent medical care?” Most of the students raise their ...

It is well-documented how imposter syndrome can hinder you in the workplace. The cognitive bias which describes the condition of not feeling successful internally when you appear to be thriving ...

Intel dominated chips for decades. Then it lost the future. Overconfidence, the bias that brought down Intel, is the one you ...

Subconscious biases are common in medicine because doctors and other health staff are humans who are prone to such errors. Cognitive biases are not necessarily caused by negative intentions — they ...

Opinions expressed by Entrepreneur contributors are their own. Recognizing and mitigating cognitive biases is crucial for making informed decisions. Status quo, recency and overconfidence biases are ...