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The Cost of Decision Fatigue

Idea posted: September 2021
  • Learning & Behaviour

Decision fatigue, a mental state that occurs after extended periods of making streams of decisions, influences decision makers to favour less-taxing “default” decisions. A new study, based on data from the banking sector, reveals the cost of such decisions, highlighting the importance of addressing decision fatigue. 

Idea #799
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DIANA, the first computer built by Norwegian pioneer  Jens Glad Balchen at the Department of Engineering Cybernetics, NTNU in mid 1950s (Source: NTNU)

Human Judgement Vs Computer Aided Forecasting

Idea posted: May 2013
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour
  • Operations

Is your company about to launch a new product or service into the market? If so, you know how crucial it is to predict as accurately as possible how it will be received; otherwise, you are putting at risk precious time and resources engaged. According to this Idea, there is a way to make an intelligent forecast that involves a combination of human and computer judgement. Faculty from Judge Business School and IE Business School explain how.

Idea #139
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