To better understand decision-making, researchers can create computational models—groups of equations that aim to predict what decisions people would make when faced with a set of choices. For example ...
To move beyond AI pilots and into production, CIOs must shift their focus beyond just managing data to architecting the “logic of choice” through decision products.
This post is a review of Choose Wisely: Rationality, Ethics, and the Art of Decision-Making. By Barry Schwartz and Richard Schuldenfrei. Yale University Press. 277 pp. $32.50. Rational Choice Theory ...
Our lives are a collection of endless choices: The average American adult makes 35,000 decisions every day. But the sheer volume of options in our modern world—especially in digital spheres such as ...
AI adoption has accelerated at a pace few technology shifts can match. In just a short time, AI model capability has improved sharply, costs have come down and entirely new product experiences have ...
Logic studies how arguments work, and how ideas can fit together. Decision theory studies how decisions should be made, especially under uncertainty. Game theory considers how we reason strategically, ...