The Opportunities and Challenges of Rethinking Our Approach to Value Assessment in Healthcare As America’s healthcare system continues to evolve, it is critical that our perception of care and its ...

Decision analysis represents a practical framework for environmental decision making in the face of uncertainty. Aa Aa Aa The conservation of species and ecosystems represents a fundamental challenge ...

Cost benefit analysis is a strategy used by businesses and individuals to weigh the potential outcome of an action in order to make a decision. One of the main ways people make decisions is by using a ...

When you make business decisions as a manager, you take into account qualitative factors like reputations, brand strength and employee morale, as well as quantifiable data such as sales figures, ...

ITHACA, N.Y.--(BUSINESS WIRE)--Decision tree software can help discern a logical strategy and progression to achieve goals, creating a visual map and path to success. Ascendion Law, a commercial ...

Business owners have to make decisions every day on issues fraught with uncertainty. Information is not perfect, and the best choice is not always clear. One way to handle these vague situations is to ...

In last month’s article, we touched on the importance of probability in our daily lives. We shared brain teasers and non-intuitive facts that highlighted how an understanding of probability can help ...