Decision-making often involves trial and error, but conventional models assume we always act optimally based on past ...

As a veteran academic researcher, department chairperson and associate dean for research, I have seen this process play out from multiple perspectives – as a grant recipient, grant reviewer and ...

Decision-making is a daily challenge for organizations. Here's how leaders and team members can manage the four main types.

One of the major tools of artificial intelligence is the neural net, which models the way the neurons in our heads behave.

Innovation requires information, context, collaboration, experimentation, and even failure. Using simulation to make ...

Business Consumer Alliance reports moving companies must implement arbitration programs to resolve disputes fairly, meet ...

The era of predictive modeling enhanced with machine learning and artificial intelligence (AI) to aid clinical ...

In the remainder of this paper, I will show you what I mean by introducing the risk-decision methodology (R-DM). R-DM addresses a conceptual short­coming in the evaluation of multiple COAs in MDMP by ...

This article covers USPTO’s new rules for discretionary denial of IPR and PGR petitions, focusing on factors like timing, ...

Making decisions that align long-term goals and short-term rewards is challenging, but it can lead to better choices and ...

Pareto analysis states that 80% of a project’s results are due to 20% of the inputs, and 80% of problems can be traced to 20% of the causes.

For example, when answering a question, the model balances factors such as factual accuracy, relevance, and linguistic coherence to generate a response. This process is far from random.