Every organization's strategic planning involves its desired future, present situation and unique history. Some planning strategies called “future-back” envision the longer-term, broad landscape and ...

In the world of finance, an annuity is a contract between you and a life insurance company in which you give the company a lump sum or series of payments, and in return, the insurer promises to ...

A man is stuck in his memories. His wife left him ten years ago, yet he repeatedly ruminates on his loss. A teenager does not want to study for the upcoming final exam. Instead, she hangs out with her ...

We’re often told to “be here now.” Yet the mind is rarely tethered in place. We take mental trips to our past, revisiting what happened yesterday or when we were children, or we project into an ...

It’s good to live in the present, or so we’re told. But as is so often true, it’s something best done in moderation. The present bias, or temporal discounting bias, is yet another reminder of this.