WASHINGTON — Sluggish response and questionable decisions by the Food and Drug Administration exacerbated the nation’s infant formula shortage, agency officials told lawmakers at a congressional ...

Conventionally, decision-making is portrayed as a rational process: individuals calculate potential risks and aim to maximise benefits. Yet, our brains do not always endorse rational action, ...

In startups and small businesses that are growing and evolving rapidly, there are so many decisions to be made on a daily – even hourly – basis. As businesses start to grow, old systems stop working, ...

It’s not just you: Shopping for airfares is harder than ever. Choosing between basic economy and regular economy fares and navigating add-on fees makes booking more complicated, and that’s no accident ...

As the U.S. military shapes its research and development investment decisions, it is past time to focus on a long-neglected area of cyber warfare—the minds of our military decision-makers—and ensure ...

In this article, we focus on the psychological aspects of trading with an emphasis on behavioural biases. We discuss how these biases may have contributed to the overwhelming urge to time markets. We ...

Focus is on the relationship between upper-level management and stockholders -- categories which overlap when the owner is the manager. Although J&M clearly believe that agency problems within the ...

Effective information management has become a key pillar for company success. However, from my experience as a business coach working with various companies, I have observed that the vast majority, ...

Infant formula is stacked on a table during a drive this month in Houston to help with the shortage. (David J. Phillip / Associated Press) ...