The study of decision trees and optimisation techniques remains at the forefront of modern data science and machine learning. Decision trees, with their inherent interpretability and efficiency, are ...

A biased bid selection process represents one of the biggest threats for procurement officials. Such bias leads to a bad selection decision for a government contract, wasting taxpayer money. Moreover, ...

When groups of people need to reach a decision, they will often take a straw poll to test opinions before the official vote. New research shows that one specific voting method proved more effective ...

Making decisions is a key function of leadership. Leaders must make complex decisions that affect the lives of their teams, businesses, and communities. Expertise in the fine art of making decisions ...

Design of Experiments (DoE) offers market opportunities across various sectors by enabling efficient, informed decision-making through structured variable analysis. It benefits scientists, engineers, ...

Each decision-making method has its strengths and is appropriate under certain circumstances. Each also has particular consequences for the group’s future operation. An effective group understands ...

This post is a review of Choose Wisely: Rationality, Ethics, and the Art of Decision-Making. By Barry Schwartz and Richard Schuldenfrei. Yale University Press. 277 pp. $32.50. Rational Choice Theory ...

The study committee will identify and advise on opportunities for state, local, and tribal governments to use data, metrics, and analytic methods for measuring and assessing the effectiveness of ...