(1) THE original German edition of Tschuprow's book on the theoretical foundations of correlation between two variables is probably not so well-known among English readers as it might be, and we are ...
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Michael Boyle is an experienced financial professional with more ...
“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 ...
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