“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP). It states that if prospect x is preferred to y knowing that Event A ...
Companies must pay as much attention to the hard side of change management as they do to the soft aspects. By rigorously focusing on four critical elements, they can stack the odds in favor of success ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over ...
Abstract: Recently, in some special situations, linear computed tomography (LCT) systems have provided better imaging solutions for internal structures compared with conventional CT instruments. To ...
Abstract: The deviation settlement mechanism (DSM) scheme enforces strict regulations on microgrid operators to comply with generation commitment norms set by grid operators. These norms are essential ...
Inequality rises with growth: India mirrors G7, China and Brazil as top 1% captures wealth while bottom 50% lags. An eventful year, 2025, ends, opening the door for its progeny, 2026, to take birth, ...