Theory and Decision

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Game theory is the study of mathematical models of strategic interactions. It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science. Initially, game theory addressed two-person zero-sum games, in which a participant's gains or losses are exactly balanced by the losses and gains of the other participant. In the 1950s, it was extended to the study of non zero-sum games, and was eventually applied to a wide range of behavioral relations. It is now an umbrella term for the science of rational decision making in humans, animals, and computers.

<span class="mw-page-title-main">Statistical hypothesis test</span> Method of statistical inference

A statistical hypothesis test is a method of statistical inference used to decide whether the data sufficiently supports a particular hypothesis. A statistical hypothesis test typically involves a calculation of a test statistic. Then a decision is made, either by comparing the test statistic to a critical value or equivalently by evaluating a p-value computed from the test statistic. Roughly 100 specialized statistical tests have been defined.

Operations research, often shortened to the initialism OR, is a discipline that deals with the development and application of analytical methods to improve decision-making. The term management science is occasionally used as a synonym.

Public choice, or public choice theory, is "the use of economic tools to deal with traditional problems of political science." It includes the study of political behavior. In political science, it is the subset of positive political theory that studies self-interested agents and their interactions, which can be represented in a number of ways—using standard constrained utility maximization, game theory, or decision theory. It is the origin and intellectual foundation of contemporary work in political economy.

<span class="mw-page-title-main">Ron Rivest</span> American cryptographer

Ronald Linn Rivest is a cryptographer and computer scientist whose work has spanned the fields of algorithms and combinatorics, cryptography, machine learning, and election integrity. He is an Institute Professor at the Massachusetts Institute of Technology (MIT), and a member of MIT's Department of Electrical Engineering and Computer Science and its Computer Science and Artificial Intelligence Laboratory.

Behavioral economics is the study of the psychological, cognitive, emotional, cultural and social factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by classical economic theory.

<span class="mw-page-title-main">Decision theory</span> Branch of applied probability theory

Decision theory or the theory of rational choice is a branch of probability, economics, and analytic philosophy that uses the tools of expected utility and probability to model how individuals should behave rationally under uncertainty. It differs from the cognitive and behavioral sciences in that it is prescriptive and concerned with identifying optimal decisions for a rational agent, rather than describing how people really do make decisions. Despite this, the field is extremely important to the study of real human behavior by social scientists, as it lays the foundations for the rational agent models used to mathematically model and analyze individuals in fields such as sociology, economics, criminology, cognitive science, and political science.

In computational complexity theory, P, also known as PTIME or DTIME(nO(1)), is a fundamental complexity class. It contains all decision problems that can be solved by a deterministic Turing machine using a polynomial amount of computation time, or polynomial time.

Fundamenta Mathematicae is a peer-reviewed scientific journal of mathematics with a special focus on the foundations of mathematics, concentrating on set theory, mathematical logic, topology and its interactions with algebra, and dynamical systems.

Andrew B. Whinston is an American economist and computer scientist. He serves as the Hugh Roy Cullen Centennial Chair in Business Administration. He also works as a Professor of Information Systems, Computer Science and Economics, and Director of the Center for Research in Electronic Commerce (CREC) in the McCombs School of Business at the University of Texas at Austin.

Peter Clingerman Fishburn was an American mathematician, known as a pioneer in the field of decision theory. In collaboration with Steven Brams, Fishburn published a paper about approval voting in 1978.

<span class="mw-page-title-main">Guillermo Owen</span> Colombian mathematician

Guillermo Owen is a Colombian mathematician, and professor of applied mathematics at the Naval Postgraduate School in Monterey, California, known for his work in game theory. He is also the son of the Mexican poet and diplomat Gilberto Owen.

<span class="mw-page-title-main">Jacob Marschak</span> American economist (1898-1977)

Jacob Marschak was an American economist.

<span class="mw-page-title-main">Marcus Hutter</span> AI researcher

Marcus Hutter is a professor and artificial intelligence researcher. As a senior researcher at DeepMind, he studies the mathematical foundations of artificial general intelligence.

<span class="mw-page-title-main">Roy Baumeister</span> American social psychologist (born 1953)

Roy Frederick Baumeister is an American social psychologist who is known for his work on the self, social rejection, belongingness, sexuality and sex differences, self-control, self-esteem, self-defeating behaviors, motivation, aggression, consciousness, and free will.

Multiscale decision-making, also referred to as multiscale decision theory (MSDT), is an approach in operations research that combines game theory, multi-agent influence diagrams, in particular dependency graphs, and Markov decision processes to solve multiscale challenges in sociotechnical systems. MSDT considers interdependencies within and between the following scales: system level, time and information.

<span class="mw-page-title-main">Springer Publishing</span> American publishing company

Springer Publishing Company is an American publishing company of academic journals and books, focusing on the fields of nursing, gerontology, psychology, social work, counseling, public health, and rehabilitation (neuropsychology). It was established in 1951 by Bernhard Springer, a great-grandson of Julius Springer, and is based in Midtown Manhattan, New York City.

Quantum cognition uses the mathematical formalism of quantum probability theory to model psychology phenomena when classical probability theory fails. The field focuses on modeling phenomena in cognitive science that have resisted traditional techniques or where traditional models seem to have reached a barrier, and modeling preferences in decision theory that seem paradoxical from a traditional rational point of view. Since the use of a quantum-theoretic framework is for modeling purposes, the identification of quantum structures in cognitive phenomena does not presuppose the existence of microscopic quantum processes in the human brain.

<span class="mw-page-title-main">Vincent Blondel</span>

Vincent Daniel Blondel is a Belgian professor of applied mathematics and former rector of the University of Louvain (UCLouvain) and a visiting professor at the Massachusetts Institute of Technology (MIT). Blondel's research lies in the area of mathematical control theory and theoretical computer science. He is mostly known for his contributions in computational complexity in control, multi-agent coordination and complex networks.

Homeopathy is a peer-reviewed medical journal covering research, reviews, and debates on all aspects of homeopathy, a pseudoscientific form of alternative medicine. It is the official journal of the London-based Faculty of Homeopathy. The journal was established in 1911 as the British Homoeopathic Journal, resulting from a merger between the British Homoeopathic Review and the Journal of the British Homoeopathic Society. It uses its current name since 2001 and the editor-in-chief is Robert Mathie.

References

  1. "Theory and Decision – incl. option to publish open access (Editorial Board)". springer.com. Retrieved 2018-09-03.