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July 3rd

  • DecisionPad Features - Apian Software: Mathematically Rigorous Analysis of Complex Decisions DecisionPad uses the mathematically -rigorous Multivariate Utility Analysis methodology pioneered by Drs. Kepner and Tregoe for business and government applications. The approach has proven popular ever since under many names, such as QFD ? Quality Functional Deployment. DecisionPad presents this method in way that is easily understood by non-specialist s, and yet, is powerful enough to crunch the data for hundreds of Alternatives and Criteria, combining subjective and objective data and factoring in any uncertainties. Maintain Focus on the Most Important Elements of Decisions: ?What If?, Sensitivity Analysis, Uncertainty Nothing has as much potential for lost productivity as a meeting. With complex decisions, it can be difficult to determine which elements have the strongest affect on the outcome and which would not.
  • Decision support system - Wikipedia, the free encyclopedia

July 2nd

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June 30th

  • Irrational markets: people reject free money out of anger - Ars Technica: The new paper pretty much blows that explanation out of the water by testing individuals using a couple of variations of the Ultimatum Game. In the first, which the authors term "the Impunity Game," the person making the offer gets their share of the cash regardless of whether the offer is accepted or not. In this game, the only consequence is the potential for guilt caused by the knowledge that an offer was rejected. Rejection rates do drop, but they remain substantial?of fers of an 80/20 split got rejected over 40 percent of the time (down from around 70 percent) despite the lack of real economic consequences.

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