Will he or won’t he hit the bullseye? Using Bayes’ Theorem, your prediction will be based on how the current match is going - and how he’s played in the past.
The decisions we make in life often come down to Bayes' Theorem, but most of us don't even realise what it is. So how does it work?
There is no perfect voting rule for three or more options.
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Kenneth Arrow, the Nobel prize winner who died last month, showed us there is no perfect voting rule. So how does his theory work?
Overwhelmed: to live wisely in a world where complexity seems to be running rampant, we must first grasp what complexity is.
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In part nine of our multi-disciplinary Millennium Project series, Cliff Hooker argues that to get any better at decision-making, we must first face up to our limitations. Global challenge 9: How can the…