Using game theory to aid decision making is a natural fit in the business environment. The Cuban missile crisis is frequently cited as an example of the use of game theory. When the Kennedy government ...

Critical chain theory is a project management method for minimizing the risk of your company finishing a project late. You begin by identifying the critical path, the sequence of tasks that determines ...

In a perspective derived from actor-network theory (ANT), 'risk' can be considered as a specific assemblage of heterogeneous entities as well as a proliferation of hybrids. The concept and ideas of ...

George Stigler’s 1971 paper “The Theory of Economic Regulation,” stands as an important piece of economic research. While most of the profession was convinced regulation advanced the overall public ...

Another significant reference is the COSO ERM (Enterprise Risk Management) framework, developed by the Committee of ...

Managing a team can be quite complex. Effective leadership requires a balance of strategies that resonate emotionally and financially with employees. Today’s workers value authentic managers who see ...

In "Mintzberg on Management," management theorist Henry Mintzberg expresses surprise at the dearth of research examining the role of managers, despite the fascination Americans seem to have with them.

Detecting the real drivers of equity risk today starts with a critical look at traditional portfolio theory. Trading trends in recent years have rattled risk concepts. The retail trading fervor stoked ...

In early 2005, Delta Air Lines said it had stopped hedging fuel expenses. Because jet fuel is a significant and volatile cost, airlines routinely enter into contracts that set floors and ceilings for ...