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decision-making

Bias in diversity

Diversity on key corporate committees is supposed to produce better decisions. But a study at Cambridge Judge Business School finds that diverse views rarely 'average out' as assumed, but instead lead to systematic biases toward certain types of errors. Diversity…

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Geometric seamless pattern.

Market gamblers to blame?

by Dr Mehrshad Motahari, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr Mehrshad Motahari The Nobel Prize–winning Cumulative Prospect Theory of Tversky and Kahneman (1992) has revolutionised our understanding of how humans make economic…

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Spinning roulette wheel.

Sequential search

Two heads are not better than one: a new study co-authored by Dr Vincent Mak of Cambridge Judge Business School questions whether committees make better decisions than individuals. Dr Vincent Mak There once was a time when committee decisions were…

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Hundreds of voting tokens.

Puncturing the headquarters myth

Study by Cambridge Judge Business School's Yasemin Kor and Niklas Lindlbauer finds that on-the-ground actors at dispersed business units, rather than corporate headquarters, often drive critical resource-allocation decisions. One of the most critical tasks of any large company is the…

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Office building at night under a beautiful starry sky

How to make the right decision

Competing demands can sometimes hamper your ability to make the right decision, but new research suggests there may be a better way. When the Keystone Development Trust, a social enterprise in the East of England created a programme of support…

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Row of doors - how to make the right decision, which door to choose?

How to find the road less travelled

Traffic study shows real-time travel information has less of an impact on speeding up our journeys that you might expect. Those of us who travel on busy roads every day face the same enemy - traffic. Sources of real time…

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An empty stretch of road running through a coniferous forest area. The trees are gently illuminated by soft sunlight.

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