This paper provides a forecast of the likely consequences of ongoing US military activity in Afghanistan, and assesses the implications of a change in the current US policy toward that nation. We use a game theoretic, bounded rationality model, called the Expected Utility model, to analyze the...

This real time evaluation of decisions during the Gulf Crisis were done to establish the utility of systematic evaluations based on the tenets of the micro-economic theory of expected utility. The expected utility framework used assumes that decision-makers evaluate the costs and benefits...

Noting that important discoveries linger in the classrooms despite effective specification and empirical support, a bridge from theory to policy is advocated. Policy prescriptions should be made cautiously, but they must be made when failure to disclose scientific findings has serious downside...