As reflected in the amount of controversy, few areas in psychology have undergone such
dramatic conceptual changes in the past decade as the emerging science of heuristics …

Heuristics are efficient cognitive processes that ignore information. In contrast to the widely
held view that less processing reduces accuracy, the study of heuristics shows that less …

Human perceptual decisions are often described as optimal. Critics of this view have argued
that claims of optimality are overly flexible and lack explanatory power. Meanwhile …

" More information is always better, and full information is best. More computation is always
better, and optimization is best." More-is-better ideals such as these have long shaped our …

Heuristics are often viewed as inferior to “rational” strategies that exhaustively search and
process information. Introducing the theoretical perspective of ecological rationality, we …

Nearly a century ago, Frank Knight famously distinguished between risk and uncertainty with
respect to the nature of decisions made in a business enterprise. He associated generating …

In the management literature, heuristics are often conceived of as a source of systematic
error, whereas logic and statistics are regarded as the sine qua non of good decision …

Robotic manufacturing systems have proven to be an effective solution for modern
manufacturing enterprises to deal with increasing in customer demands and market …

The adaptive toolbox is a Darwinian-inspired theory that conceives of the mind as a modular
system that is composed of heuristics, their building blocks, and evolved capacities. The …

Innovation is one of the most important issues in business research today. It has been
studied in many independent research traditions. Our understanding and study of innovation …