Harvard Business Review

AUGUST 31, 2011

In a recent HBR article , Daniel Kahneman, Dan Lovallo, and Olivier Sibony outline the questions that a decision-maker needs to ask before making a strategic bet. These biases arise from what Kahneman and his long-time research partner Amos Tversky call framing. But such case studies are not a scientific justification.

Kahneman 10

Kahneman Strategy Tversky Brand 10

Harvard Business Review

FEBRUARY 29, 2012

This idea of prospect theory, developed by Tversky and Kahneman and reported in a classic 1979 article (for which the Nobel prize was awarded) demonstrated that individuals do not make decisions rationally by selecting options with the highest expected value, because they are risk-averse and 'losses loom larger than gains.'.

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Kahneman Tversky Company Innovation 14

Harvard Business Review

JANUARY 23, 2015

Daniel Kahneman, the Nobel Prize-winning economist and author of Thinking, Fast and Slow , observed that decision makers get stuck in a memory loop and can only predict the future as a reflection of the past. Thinking about the future is hard, mainly because we are glued to the present.

Kahneman 8

Kahneman Scenario Planning Pharmaceuticals Workshop 8

Harvard Business Review

JUNE 18, 2018

Daniel Kahneman, the 2002 Nobel prize laureate and psychologist, has said that if he had a magic wand, he’d eliminate it. Our analysis also showed that overconfident CEOs are more likely to develop relationships with key suppliers, and that these relationships with suppliers tend to last longer than average.

Stephenson 10

Stephenson Kahneman CEO Commitment 10

Harvard Business Review

JUNE 5, 2018

Instead, he was told that the CEO would stay until the CFO developed the capabilities to succeed him, and Greg would be allowed to resign. In Thinking, Fast and Slow , the psychologist Daniel Kahneman explores the intricacies of judgment and argues that different tempos of decision making are better for different challenges.

Supply Chain 12

Supply Chain CEO Kahneman Self-aware 12

Harvard Business Review

AUGUST 14, 2018

This study uses two rounds of interviewing to identify what the Nobel laureate Daniel Kahneman describes as the “inside view” and the “outside view” of the phenomenon. imposing technological platforms developed for the U.S. failure to develop and communicate business strategies effectively.

Competitive Advantage 11

Competitive Advantage Business Model Technology Marketing 11

Harvard Business Review

MARCH 7, 2016

And then there is the unfortunate circumstance that economics in the twentieth century was based on the theory that people make rational choices when given good information, a theory proved to be somewhere between spotty and completely wrong thanks to a revolution in behavioral economics, led by Nobel Prize winner Daniel Kahneman.

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Kahneman Groupthink Tools Software 8

Harvard Business Review

JUNE 13, 2012

On April 4 of this year, Dimon read a short article in the Wall Street Journal about a JPMorgan trader in London, Bruno Iksil, who was making massive bets that exposed the bank to high levels of risk. Dimon likely would not have approved of the bets if he had known they were occurring. As it turns out, this type of failure is quite common.

Banking 9

Banking Kahneman Document Simon 9

Harvard Business Review

JANUARY 12, 2015

Now that the general idea of combining ethics and shopping has become a mainstream concept, there is a developing a backlash against the idea that consumers might effect change through their purchasing habits. Consider: I not only value being environmentally sensitive, but also was in the middle of writing this very article.

Ethics 8

Ethics Marketing Brand Morale 8

Harvard Business Review

APRIL 2, 2014

Campbell’s work has also made liberal use of the analytic tools developed by Hansen. Others, most notably money managers and former Fama students Cliff Asness and John Liew in an epic Institutional Investor article , have done a lot recent to clarify how Fama’s ideas and Shiller’s can at least co-exist peacefully.

CAPM 8

CAPM Discount Price Finance 8

Harvard Business Review

SEPTEMBER 25, 2017

Brain science, popularized in Daniel Kahneman’s book , has shown that this type of “slow thinking” is negatively correlated with “fast thinking,” as might be employed when driving a car or solving a simple sum. But some CEOs have managed to resist these tendencies. Schedule unstructured thinking time.

How To 13

How To CEO Kahneman Armstrong 13