Showing 1 - 2 of 2
The standard theory of decision making under uncertainty advises the decision maker to form a statistical model linking outcomes to decisions and then to choose the optimal distribution of outcomes. This assumes that the decision maker trusts the model completely. But what should a decision...
Persistent link: https://www.econbiz.de/10005696677
Voters today often desert a preferred candidate for a more viable second choice to avoid wasting their vote. Likewise, parties to a dispute often find themselves unable to agree on a fair division of contested goods. In <i>Mathematics and Democracy</i>, Steven Brams, a leading authority in the use of...
Persistent link: https://www.econbiz.de/10005696684