Decision theory
Decision theory or theory of choice in economics, psychology, philosophy, mathematics, computer science, and statistics is concerned with identifying the values, uncertainties and other issues relevan...
Lou Dobbs Discusses Voter Fraud Report 834,000 ILLEGALS Voted For HILLARY CLINTON
Lou Dobbs Discusses Voter Fraud Report 834,000 ILLEGALS Voted For HILLARY CLINTON #POTUSTrumpMAGA Please...Subscribe To The Group's YouTube Channel. Thanks. ...
Donald Trump's Business Tips!
Business tips from the great businessman him self..Donald Trump. Part 1 Check out http://www.russ-o-matic.com for an interesting perspective on Business and ...
20 Gadgets Which Make Life Simpler
Every day, we come up against annoying things that no one has ever found a way to resolve which works all the time. But in some cases, thanks to human ingenuity we are moving towards this. Here are 20...
How Funny Is This Word? The 'Snunkoople' Effect
How do you quantify something as complex and personal as humour? University of Alberta researchers have developed a mathematical method of doing just that—and it might not be quite as personal as we t...
U.S. To Deploy Special Operations Forces In Syria
The U.S. will send a small number of U.S. special operations forces into Syria as part of a shift in its strategy against ISIS, White House officials announced Friday. President Barack Obama has autho...
U.S. Navy Scrambled Jets After Russian Planes Approached Carrier
A U.S. Navy aircraft carrier scrambled four F-18 jets on Tuesday after two Russian anti-submarine aircraft flew within a nautical mile of the warship, a Navy official said on Thursday..News media rep...
Ethical Trials, Targeted Ads
New method optimizes outcomes for subjects in comparison tests. Clinical trials of new drugs or devices face a problem that most empirical inquiries don’t: They must not only provide clear data about ...
Frog study suggests context matters when choosing a mate
The presence of a third option acts as a "decoy effect," inspiring a female frog to consistently select the less attractive of the two original options.
11 Incredible Psychological Tricks To Get People To Do What You Want
You don’t need to be the CEO to get people to listen to you. Psychological research suggests there are plenty of ways to get people to do what you want — without them even realizing you’ve persuaded t...
The 12 cognitive biases that prevent you from being rational
The human brain is capable of 1016 processes per second, which makes it far more powerful than any computer currently in existence. But that doesn't mean our brains don't have major limitations. The l...
'Shallow, Selfish, and Self-Absorbed' Details Why Women Aren't Having Children
As detailed in essays by 16 different writers, both male and female: because they don't want to, and because not wanting to is perfectly reasonable But there’s one issue that can make even Cool Pope F...
How much money to ask for in a salary negotiation
Here's how to figure out the exact number to ask for. When you're finally down to the wire on your impending job offer, there will come a time to talk numbers, Taylor says. "That one last conversation...
Ask a Hostage Negotiator: What's the Best Way to Get a Raise?
It's possible to get a higher salary without taking anyone captive. The question that most people ask themselves as they walk into their boss's office to negotiate their salaries is likely some varian...
Hot Crazy Matrix - A Man's Guide to Women
Women seen through men's eyes and...vice versa
Game theory
How game theory developed by John Nash (Nobel prize for economics, 1994) was used first to run the economy, and then to justify conservative politics. Consid...
Ludic fallacy
The ludic fallacy is a term coined by Nassim Nicholas Taleb in his 2007 book The Black Swan. The adjective ludic originates from the Latin noun ludus, meaning "play, game, sport, pastime." It is summa...
Cognitive bias
A cognitive bias is a pattern of deviation in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion. Individuals create their own "subjective social reali...
Decision tree
A decision tree is a decision support tool that uses a tree-like graph or model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility. It is one w...
Decision tree - Wikipedia
Decision-making software
Decision-making software (DMS) is used to help individuals and organizations with their decision-making processes, typically resulting in ranking, sorting or choosing from among alternatives.An early ...
Foreign policy
A country's foreign policy, also called foreign relations policy, consists of self-interest strategies chosen by the state to safeguard its national interests and to achieve goals within its internat...
Game theory
Game theory is the study of strategic decision making. Specifically, it is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers." An alternative t...
Game theory - Wikipedia
Loss function
In mathematical optimization, statistics, decision theory and machine learning, a loss function or cost function is a function that maps an event or values of one or more variables onto a real number ...
Negotiation
Negotiation is a dialogue between two or more people or parties intended to reach an understanding, resolve points of difference, to gain advantage for an individual or collective, or to craft outcome...
Negotiation - Wikipedia
Policy
A policy is a deliberate system of principles to guide decisions and achieve rational outcomes. A policy is a statement of intent, and is implemented as a procedure or protocol. Policies are genera...
Prospect theory
Prospect theory is a behavioral economic theory that describes the way people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known. The theory sta...
Risk analysis
Risk analysis has been defined in many different ways, and much of the definition depends on how risk analysis relates to other concepts. Risk analysis can be "broadly defined to include risk assessme...
Utility
Utility, or usefulness, is the (perceived) ability of something to satisfy needs or wants. Utility is an important concept in economics and game theory, because it represents satisfaction experienced ...