New blood tests promise to detect malignancies before they’ve spread. But proving that these tests actually improve outcomes ...

That is where a more probabilistic approach to decision-making becomes essential. Annie Duke, a former professional poker player turned decision strategist, shared this insight with me in our ...

As artificial intelligence revolutionizes the business world, a more subtle but equally powerful force is emerging: intuitive decision-making. Executives increasingly recognize that combining ...

Abstract: A general theory of signal detectability, constructed after the model provided by decision theory, is applied to the performance ... and comparisons of the response-frequency tables ...

Table 1. The pay-off matrix of signal detection theory (SDT) applied to admission decisions ... However, this is also a general issue in evidence-informed decision and policy making, not specific for ...

Abstract: The paper examines the effects of overconfidence on the index of discrimination ability and the judgment criterion in investment decision-making by a scenario-simulated experiment based on ...

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 ...

These findings were reported in Frontiers in Behavioral Neuroscience on March 16, 2022, in the open access article "Signal Detection Theory as a Novel Tool to Understand Cognitive Fatigue in ...

East Hanover, NJ. May 31, 2022. Using signal detection theory, Kessler Foundation researchers furthered their understanding of the mechanisms of cognitive fatigue in a recent neuroimaging study ...