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You are browsing all posts tagged with the topic: decision making

Wildmind Meditation News

Jul 24, 2014

Why mindful individuals make better decisions

wildmind meditation newsNatalia Karelaia, INSEAD: Mindfulness is practiced in board rooms from Silicon Valley to Wall Street. But just how much does it improve the quality of your decision-making?

Five years ago when I introduced mindfulness to my MBA decision-making class it was perceived as something completely esoteric; there were maybe two or three students who could relate to the concept. Today, not only have most of them heard about it, many are practicing it. More and more corporations are offering mindfulness training to their employees. It’s being incorporated into negotiation techniques and leadership manuals, in fact every area of business where strong decisions are …

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Wildmind Meditation News

Feb 12, 2014

Mindfulness meditation may improve decision making

wildmind meditation newsAnna Mikulak, Association for Psychological Science: One 15-minute focused-breathing meditation may help people make smarter choices, according to new research from researchers at INSEAD and The Wharton School. The findings are published in the February issue of Psychological Science, a journal of the Association for Psychological Science.

People have trouble cutting their losses: They hold on to losing stocks too long, they stay in bad relationships, and they continue to eat large restaurant meals even when they’re full. This behavior, often described as “throwing good money after bad,” is driven by what behavioral scientists call the “sunk-cost bias”:
“Most people have trouble admitting they were wrong when their initial decisions lead to …