When a physician says a procedure is "rarely risky," what does that really mean? Although terms like "common" and "unlikely" ...

When a physician says a procedure is “rarely risky,” what does that really mean? Although terms like “common” and “unlikely” may sound descriptive enough, experts in medical decision ...

When we interact with a new person, our judgments are colored by our own past experiences, projections, and expectations. In essence, we are imposing the blueprints of our past relationship ...

Small inaccuracies in battery state of charge estimations can quickly add up financially, says a new white paper from Powin ...

Of the many complaints I hear from leaders, one of their greatest sources of frustrations is feeling misunderstood, especially by their direct reports. It’s inevitable that employees sometimes ...

The result is that they can be more cautious or confident than statistical probability would dictate; they routinely misjudge the odds for success or failure. Prospect theory spawned a mountain of ...