Nobel Prize winning professor of psychology Daniel Kahneman talks about intuitive responses, probability and stereotypes.
In conditions of uncertainty, where there are no clear probabilities, managers may make decisions by drawing on experience, judgment or intuition, factors which are sometimes referred to as non-quantitative.
Nobel Prize winning professor of psychology Daniel Kahneman talks about the similarities between intuition and perception. "Intuition is very much like perception," Dr. Kahneman says, "except that we can have intuitions about abstract ideas, about t...
People make intuitive, immediate judgments sometimes based on nothing more than a tone of voice on the other end of a conversation. People also make more reflective decisions based on thought and reasoning. Daniel Kahneman notes that intuition is li...