Herbert Simon was one of the founding fathers of artificial intelligence ... “Disagreements within a large company is part of what Simon’s Nobel laureate was all about. It is also something that ...

Despite their limited product assortment, a new study reveals that small businesses can challenge industry leaders by effectively capturing consumers’ attention ...

With the unprecedented advancement of technology, artificial intelligence is rapidly transforming societies and elevating ...

System 1 decision-making: As coined by Nobel Prize-winner Daniel Kahneman ... Choice satisficing: Coined by economist Herbert Simon, this means making a choice based on what is good enough, rather ...