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The standard theory of decision making under uncertainty advises the decision maker to form a statistical model linking outcomes to decisions and then to choose the optimal distribution of outcomes. This assumes that the decision maker trusts the model completely. But what should a decision...
Persistent link: https://www.econbiz.de/10005696677
Voters today often desert a preferred candidate for a more viable second choice to avoid wasting their vote. Likewise, parties to a dispute often find themselves unable to agree on a fair division of contested goods. In <i>Mathematics and Democracy</i>, Steven Brams, a leading authority in the use of...
Persistent link: https://www.econbiz.de/10005696684
mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize …
Persistent link: https://www.econbiz.de/10005797578
strategy design. It shows how to incorporate the competitive dynamics that exist in different acquisition contexts, acknowledge …
Persistent link: https://www.econbiz.de/10011082752
strategy design. It shows how to incorporate the competitive dynamics that exist in different acquisition contexts, acknowledge …
Persistent link: https://www.econbiz.de/10011082775