When Logical Actors Seem Irrational

Beatrice Heuser, Distinguished Professor at the Brussels School of Governance in the Free University of Brussels and author of Flawed Strategy: Why Smart Leaders Make Bad Decisions, joins the show to discuss decision-making and strategic thinking.

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Times

02:58 Economists and strategy

07:59 Acting rationally vs logically

15:00 Mirror imaging 

20:01 How should we study strategy?

27:17 Denial

32:18 Strategic intelligence failures

36:15 Hidden causes

38:57 Everyone does it

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