Recent studies have suggested that there may be a correlation between the order in which decision-makers collect … of risk participants take. This suggests that the choice architecture for real world risky decision making may have both …

experimental drugs. Whatever decision criterion one uses, there is always some probability that random variation in trial outcomes … defers to standard care as the status quo. To evaluate decision criteria, we use the concept of near optimality, which … jointly considers the probability and magnitude of decision errors. An appealing decision criterion from this perspective is …

experimental drugs. Whatever decision criterion one uses, there is always some probability that random variation in trial outcomes … defers to standard care as the status quo. To evaluate decision criteria, we use the concept of near optimality, which … jointly considers the probability and magnitude of decision errors. An appealing decision criterion from this perspective is …