Strategic decision making lies at the heart of game theory and market competition research, providing a framework to understand how rational agents interact under conditions of uncertainty and ...

Decision theory is a cornerstone of economic analysis, providing a framework for understanding how individuals and institutions make choices under conditions of uncertainty and risk. At its core, the ...

A new theory of economic decision-making offers an explanation as to why humans, in general, make decisions that are simply adequate, not optimal. A new theory of economic decision-making from Mina ...

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, ...

Georgia Tech researchers have created a new AI model for decision-focused learning (DFL), called Diffusion-DFL. Recent tests ...

A team of researchers in the Netherlands has proposed a new way of designing computer models of the brain—an approach that ...

Many organizations implementing AI agents tend to focus too narrowly on a single decision-making model, falling into the trap of assuming a one-size-fits-all decision-making framework, one that ...

This post is written by Bhavleen Singh, research affiliate at the Department of Economics, Monk Prayogshala. At 18, society often labels us as adults, yet this milestone merely scratches the surface ...

Large language model artificial intelligence applications (LLM AIs) seem poised to have a significant effect on the practice of medicine, both good and bad, which is why we are giving it as much atte ...

There is no Planet B. Source: Markus Spiske/Pexels What is your experience of the recent heatwaves scorching Western Europe, the United States, and China? While my toddler rejoices in the almost ...

TROY, N.Y. — A new theory of economic decision-making from Mina Mahmoudi, a lecturer in the Department of Economics at Rensselaer Polytechnic Institute, offers an explanation as to why humans, in ...