Organisations and individuals make vital decisions every day, but the way we do so may be both time-consuming and wide of the mark when it should be fast and frugal. By Dan Goldstein.

People make decisions on a regular basis. Managers in fields such as business, medicine and government have to make decisions that impact others, often in major ways. Yet the art and science of decision making is just beginning to receive new and greater scrutiny. 

"Collecting as much information as possible could be time-consuming and burden decision makers with unhelpful choices."

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