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Is Facebook damaging your productivity?

Chartered Management Institute

Human information processing is insufficient for attending to multiple input streams and for performing simultaneous tasks,” write the study’s authors Reynol Junco and Shelia R. After all, it's well known that when conducting difficult tasks, what Daniel Kahneman would call system 2 thinking, requires us to be free from distractions.

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When Human Judgment Works Well, and When it Doesn’t

Harvard Business Review

A number of people noted that Nobel prize-winner Daniel Kahneman’s work, nicely summarized in his 2011 book Thinking Fast and Slow , influenced their thinking a great deal. In contrast, radiologists obtain little information about the accuracy of the diagnoses they make and about the pathologies they fail to detect. Why is this?

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Ethical Consumerism Isn’t Dead, It Just Needs Better Marketing

Harvard Business Review

. “If consumers cared about moral issues,” the argument goes, “then companies and brands that did the right thing would have a larger market share. ” I understand the attraction to markets and their efficiency; I am a marketing professor. We cannot shop our way to a better world.”

Ethics 8
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After a Blizzard, What's a Fair Price for a Shovel?

Harvard Business Review

Last weekend, as snowstorm Nemo hit Boston and the snow was falling at record levels, I recalled an informal — admittedly unscientific — poll I conducted a few years ago among friends on the touchy subject of fairness in pricing. Or should the storeowner follow the mantra of economists to raise price until the market clears?

Price 10
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The Business Lessons of the Belmont Stakes

Harvard Business Review

Win or lose, I'll Have Another's situation provides useful lessons about business and markets. Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. And it's a lesson you can apply as you consider prices in the market.

Beyer 14
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3 Ways to Get More Out of Your Web Analytics

Harvard Business Review

When your team reviews web analytics in your monthly marketing meeting, the person in charge of analytics reports says, “We got 123,456 visitors to our website this month.” By doing so you can make better decisions about how to leverage your limited marketing resources. Referral traffic from PR or content marketing.

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How Could I Miss That? Jamie Dimon on the Hot Seat

Harvard Business Review

As the second week of May began, Dimon realized, "The last thing I told the market — that it was a tempest in a teapot — was dead wrong," the Journal reports. These fields focus on how decision makers fail to optimally integrate the available information set to make a rational decision. And few people foresaw that the U.S.