Drift diffusion models (DDM) are fundamental to our understanding of perceptual decision-making. Here, the authors show that DDM can implement optimal choice strategies in value-based decisions ...

We then develop two least squares Monte Carlo algorithms based on the dynamic programming principle to efficiently value these contracts. In these methods, conditional expectations are classically ...

Another example of the BizOps model achieving value is the F&A function. Before, the business results were in terms of days outstanding for receivables, time it takes to close the books every ...